Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

County treasurer seeks asset-management help; two firms present proposals

Nye County Board of Commissioners · April 2, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

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…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans