BRADENTON, Fla. — The newly created Florida Education Investment Trust Fund has hired PFM Asset Management LLC as its investment adviser.

The local government investment pool was created by the Florida School Boards Association Inc. and the Florida Association of District School Superintendents Inc. to invest general revenues, property tax collections, and bond proceeds of the state’s K-12 districts. Community colleges, universities, foundations, and other local entities are eligible to participate.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.