• STRATEGIC PARTNER •
DEER PARK ISD CASE STUDY : MAKING THE MOST OF THEIR INVESTMENTS
SPECIAL STRATEGIC PARTNER CONTRIBUTION FROM TCG GROUP HOLDINGS
Deer Park ISD ran into a challenge more and more schools districts are finding . The importance of maximizing investments and being able to monitor district portfolios is no simple task , it takes a village . Hiring employees with expertise in financial planning and asset management can be a challenge in itself . Taking the time and resources to find the right in-house employees that can accurately research investments that best fit a district needs but are also in compliance with state and federal laws is daunting .
Deer Park ISD needed to prioritize what would make more sense , to try and manage their investments in house or out-source the challenge . Regardless of their solution it was a necessity that had to be taken care for both the district and the taxpayers ’ sakes . It is imperative to know that the school is maximizing the resources given to them .
Solution : What do they have to gain ? Using TCG Advisor ’ s MAPP program Deep Park ISD will now have the ability to surpass their previous expectations and goals . Not only would investment research and
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The result of the relationship is a portfolio that makes all parties involved happy .
portfolio managing expertise exceed previous capacities , Deer Park ISD would also receive benefits and opportunities that were considered out of reach for a district of their size . A couple of important opportunities that stood out to them were TCG Advisor ’ s risk management and fiduciary services . Combining these with managing their investments , our extensive expertise in managing government entities and familiarity with Public Funds Investment Act ( PFIA ), TCG Advisor ’ s MAPP was a universal solution for Deer Park ISD ’ s financial challenges .
Results : A mutually beneficial relationship Deer Park ISD ’ s relationship with TCG Advisors has proved to be extremely beneficial . Their time and resources were able to be spent elsewhere like student and teacher well-being and experiences . The district and tax payers have been put at ease knowing that Deer Park is doing everything in their power to ensure they are maximizing their investment funds .
TCG Advisor ’ s MAPP program evaluated Deer Park ISD ’ s previous portfolio and made recommendations on some of their currently investments . In return TCG Advisors also took a look at our own MAPP program to ensure it was best reflecting the districts needs and maximizing their investment dollars while also staying in compliance with PFIA .
The result of the relationship is a portfolio that makes all parties involved happy . The portfolio not only has produced a higher return for the district but has also lowered their overall risk all the while maintaining our fiduciary responsibility of complying with PFIA requirements .
With TCG Advisor ’ s MAPP program Deer Park ISD has seen an increase in investment earnings of more than 12 % since they started in 2015 . The estimated increase from 2016 to 2017 is projected to be 54 %. The on-going relationship will continue maintaining a great portfolio while incorporating the ideas , needs and recommendations from Deer Park ISD .
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