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.

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Insights

30 Year Treasury in the News: Why it Matters to Short Term Investors

I’ve been watching the yield on the 30-year Treasury closely for the last several weeks even though my main focus is on short-term markets. That’s because it is sending important signals about changing market conditions that will affect those who invest in cash vehicles, bank deposits and short-term securities whose investment horizon is no longer […]

LGIPs Seek New Markets

Local Government Investment Pools were originally designed to help local governments—you know, cities, counties, school districts, etc.—invest their funds. But times change and enterprising funds seek opportunities to expand their offerings. An interesting example is a new program that the Illinois Treasurer is poised to open for Illinois-based non-profits. The new portfolio will be an […]

A Deluge of T. Bills

Treasury is about to flood the market with more than $400 billion of Treasury Bills in coming weeks to fill a gap in funding the federal deficit. • This is not a surprise to those who make it their business to know such things, but nevertheless interesting as it evidences the size of the […]