 | |
| Daily Rate As Of 02/03/2012 | |
| Corporate Overnight: | 0.24% |
| Government Overnight: | 0.11% |
| Corporate Overnight Plus: | 0.27% |
| 7 Day Yield As Of 02/03/2012 | |
| Corporate Overnight: | 0.24% |
| Government Overnight: | 0.12% |
| Corporate Overnight Plus: | 0.28% |
Partners
Your Lone Star team draws upon a broad universe of professional partners and associations to ensure that our products and services are responsive, efficient, and expertly run.
Investment Managers: American Beacon Advisors and BNY Mellon Cash Investment Strategies
American Beacon Advisors of Fort Worth, Texas, and BNY Mellon Cash Investment Strategies of Pittsburgh, Pennsylvania, advise us on investment and reinvestment of the Pool's assets. American Beacon Advisors, part of the AMR Corporation, manages more than $42 billion of assets for hundreds of corporate, public fund, and individual clients. BNY Mellon Cash Investment Strategies, a division of The Dreyfus Corporation, manages more than $339 billion of assets and for 230 clients in separately managed accounts.
Investment Consultant: CAPTRUST Financial Advisors
CAPTRUST Financial Advisors is a company that provides us with independent and objective financial advice and fiduciary support. CAPTRUST monitors Lone Star's operations and performance, reports its findings to the administrator and the Pool's Board, and recommends ways to keep the Pool aligned with its objectives.
Custodian: Bank of New York Mellon
The Bank of New York Mellon is responsible for holding in a separate account all investment securities and monies for the Pool, subject to our Statement of Investment Policy.
Administrator: First Public
As the Pool's administrator, First Public:
- Takes care of participant accounts and other administrative matters
- Works with investment advisors and consultants, custodian banks, lawyers, accountants, and other service partners
- Makes prospective investors aware of Lone Star's benefits
- Updates the Pool's Information Statement to ensure its continuing alignment with our Statement of Investment Policy.
The administrator is directed and overseen by the Board and the investment officers.
First Public is a registered broker-dealer with the Securities and Exchange Commission, Financial Industry Regulatory Authority, and the Municipal Securities Rulemaking Board.
Legal Counsel: Andrews & Kurth, LLP
Andrews & Kurth, LLP, a full-service law firm with offices in Houston and Austin, provides advice to Lone Star on a range of legal issues.
Independent Auditor: Maxwell Locke & Ritter, LLP
Maxwell Locke & Ritter, LLP, a full-service accounting firm located in Austin, does an annual audit of the Pool's financial statements.
Education Partners
In the area of education, we also work with the following distinguished organizations to ensure that we always remain responsive.
Texas Association of School Administrators
Members of TASA include public school superintendents and administrators, education service center staff, college and university professors and students, and others interested in public education. TASA promotes quality in education leadership and student learning through training, conferences, customized services, and advocacy.
Texas Association of School Boards
This voluntary, nonprofit, statewide organization serves local school districts in Texas and has a membership of more than 1,000 Texas public school districts and county school boards and more than 200 Texas junior colleges, appraisal boards, cooperatives, and education service centers.