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Reso 2025-166 OPEB & Investments Report
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Reso 2025-166 OPEB & Investments Report
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12/19/2025 3:08:46 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
12/15/2025
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PERM
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*A division of U.S. Bancorp Asset Management, Inc. <br />**As of June 30, 2025. Public sector includes government, pool, and TERM. Total assets under management for U.S. Bancorp Asset Management, Inc. <br />were $404.9 billion. <br />About PFM Asset Management* <br />40+ years of experience in the <br />public sector** <br />$177.5b in public sector assets <br />under management** <br />Our Investment Solutions <br />•Outsourced Chief Investment Officer <br />(OCIO): Multi-asset class portfolios for <br />institutional investors <br />•Fixed Income: High-quality, short- and <br />intermediate-term portfolios for operating <br />funds, reserves, working capital, self- <br />insurance funds and bond proceeds <br />•Local Government Investment Pools <br />(LGIPs): services for programs with <br />options ranging from fully liquid cash <br />management to a fixed-rate, fixed-term <br />investment <br />•Specialized Solutions: Arbitrage rebate, <br />escrow restructuring, bond proceeds <br />investments, structured investments 1Illustrates public sector assets under management by investment <br />solution as of 12/31/2024. Total may not add up to 100% due to rounding. <br />42% <br />48% <br />10% <br />Assets by Investment Solution1 <br />Fixed Income <br />LGIPs <br />OCIO <br />1Illustrates public sector assets under management by investment solution <br />as of June 30, 2025. Total may not add up to 100% due to rounding. <br />1 <br />Exhibit A <br />Resolution No. 2025-166 Page 2
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