H-GAC is requesting proposals from qualified and experienced investment advisory firms to manage our public funds portfolio in accordance with the Texas Public Funds Investment Act (PFIA), Texas Government Code Chapter 2256 and H-GAC's established Investment Policy. Rooted in principles of prudent money management, our investment strategy prioritizes the safety of public funds as its primary objective, with a secondary focus on maintaining sufficient liquidity to meet ongoing operational obligations. Our investment policy emphasizes a balanced approach that maximizes interest yield while ensuring robust diversification. H-GAC's investment style is characterized as moderately active, typically purchasing investments with the intent to hold until maturity while maintaining the flexibility to execute strategic pre-maturity sales when such transactions can be demonstrated to benefit the overall portfolio. Under the direct oversight of the Chief Financial Officer, H-GAC seeks a professional investment advisory firm to provide day-to-day administration and investment advisory services for our current portfolio of approximately $35 million. The selected firm will be expected to navigate complex financial landscapes with precision, maintaining our commitment to financial prudence, transparency, and responsible stewardship of public funds.
