• 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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