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County treasurer seeks asset-management help; two firms present proposals
Summary
Nye County treasurer Raelynn Powers introduced two investment-management firms — Buckhead Capital Management and METER Public Funds — who presented options to professionally manage the county's $140+ million portfolio. Both firms described fees, fiduciary roles and potential returns; commissioners asked for individual follow-up meetings.
Nye County Treasurer Raelynn Powers told the Board of Commissioners on April 2 that the county maintains an investment portfolio in excess of $140 million but lacks an in-house investment team. She said only two Nevada counties lack dedicated investment-management support and that her office has solicited information from outside managers.
Buckhead Capital Management (Kathy Stratton, Matt Bowden) presented first, outlining a fiduciary approach and saying professional…
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