About

About Public Funds Investment Institute

We are a nonprofit organization dedicated to empowering participants in the $4 trillion public funds investment market with insights, tools and resources to help them make well-informed investment decisions.

Our Mission

Our mission is to provide timely data and news, cutting-edge research, and best-practices advocacy to promote the common interests of public funds investors.

Our Vision and Values

We focus exclusively on the unique needs and interests of public funds investors, supporting a community for investors to connect, share best practices, and stay up-to-date on the latest trends and developments in public funds investing. We strive to be a leading resource and advocate for public funds investors, promoting best practices, strong governance, and positive impact on society.

Expertise

We want to be the go-to resource for news and analysis, offering insights and knowledge gained from years of experience in the industry.

Integrity

We hold ourselves to the highest ethical standards, ensuring independence, transparency and honesty in all of our interactions.

Collaboration

We foster a collaborative community of investors who share best practices and work together towards common goals.

Impact

We believe in the positive impact that public funds investing can have on society and are dedicated to promoting responsible investment practices that benefit the greater community.

Our Leadership

Marty Margolis

FOUNDER
Marty Margolis founded the company that grew into PFM Asset Management, the nation’s premier public sector investment manager. He led the company for 40 years until it was acquired by a regional bank in 2021. He pioneered in creating the first grass roots local government investment pool in the nation (Pennsylvania) the first state-sponsored non arbitrage pool (Virginia), the creation of a multi-asset class outsourced chief investment officer product, and the development of a robust national separate account business. When he left PFMAM in 2021 it had $150 billion of assets under management.

CONNECT

Insights

Halftime: What’s in Store for the Balance of 2026?

Last week’s Crane Money Fund Symposium brought together portfolio managers who invest assets in the $8 trillion money market fund industry along with those who invest portfolios for the major banks. It’s a small number of people whose views on the economy and investment markets are incredibly important in setting the course for short-term […]

Transparency: The Fed’s Mandate

Federal Reserve Chair Kevin Warsh’s post Federal Open Committee meeting news conference got me thinking about how much information transparency has shaped the financial markets since I entered the business nearly 50 years ago, and the implications if the Fed moves to reduce transparency and access to information by ordinary investors, including those who manage […]

Why the Director of National intelligence is Involved in the Federal Agency Market

It may not be immediately apparent, but President Trump’s naming Bill Pulte Interim Director of National Intelligence has implications for the Federal agency market where $450 billion of public funds are invested. Before you dismiss this as crackpot, consider: Pulte is also the head of the Federal Housing Finance Agency and chairman of both Fannie […]