Dedicated to Stewardship

For nearly four decades, we have been proud to help government entities steward their public monies, maintaining safety of principal, liquidity, and achieving a competitive yield.

Government Entities

Cash Management and Investment Programs

We helped sponsoring associations build some of the first Local Government Investment Pools (LGIPs) in the Midwest in the 1980s. And we’ve been committed to partnering with government entities in building strong and effective investment programs ever since.

We Know Government Entity Cash Investing


Miles Capital has managed assets for government entities since 1986. We have helped create and administer LGIPs, helped our clients maximize yield during low rate environments, and built a suite of services to support public entities.  


We provide comprehensive investment solutions for all types of government entities nationwide.

Our disciplined, risk managed process is built to help preserve principal, maintain liquidity, and provide a competitive yield. 

We manage government entity portfolios across the spectrum of needs and constraints. Whether your state code and policy statement are constrained to short duration fixed income or permit all asset classes, we provide value-added knowledge to be used for your benefit.


  • LGIP's

  • Cities

  • Counties

  • Utilities & Special Districts

  • Schools & Colleges

  • Risk Pools


Market Indicators: January 2020

The massive dynamics of global growth and trade were again center stage for the quarter, but there were some important differences...

We are in the markets every day investing for government entities. This is what we do.

Client-Driven Services


Our clients benefit from our unparalleled client service and our comprehensive suite of services:  


  • Creation and Annual Review of Investment Policy Statement

  • Compliance with Investment Policies

  • Objectives-Based Asset Allocation®

  • Discretionary Portfolio Management

  • Cash Flow and Liquidity Alignment

  • Performance Monitoring, Reporting

  • Education and Guidance

  • Communication with Board / Committee

  • Economic Outlook, Strategy, and Firm Communications

  • Custody Selection and Liaison Services

  • Operational and Settlement Support


These services are all included with our asset management. 

Amy Mitchell, Director Public Fund Services

Amy Mitchell

Managing Director,
Head of Government Entities

Amy has 30 years of experience working with the cash investing services of government entities. 

Read More

Our goal is for every client to feel as if they are our only client


Local Government Investment Pools (LGIPs)


Providing True Partnership for Boards and Participants


We partner with sponsoring associations and governments in multiple states to provide
the services that matter for LGIPs.  


Our focus on safety of principal, liquidity, and yield that public bodies need has remained true since our founding. As a registered investment advisor, Miles Capital serves as fiduciary to these programs and direct government entity clients, with the guiding principles of safety first, liquidity second, and yield third.


The board and participants receive an integrated administration system. Our full service solution encompasses all aspects of online shareholder record keeping, secure user authentication, full branded participant support services, reporting, fund accounting, expense management, and audited transfer agency support.


Participants will receive a breadth of options (CDs, insured deposits, government securities). This breadth results in greater options, designed to provide better rates for participants. It also allows local banks to receive deposits, enhancing partnerships.


We provide a customized marketing and brand package, with communications specifically designed for the program. This includes both digital and printed marketing materials, market and fund communications, website creation, conference booth presence, support for sponsor endorsement efforts, and oversight of the sales effort.

We can provide these services separately or as a turnkey, bundled solution. We can provide all of the above services, as well as oversight of the custody and audit services for both liquid portfolios and fixed rate programs.

Serving local government investment pools and public entities since 1986

Your Outsourced Team
  • SEC-Registered investment adviser. Founded in 1982.

  • Experienced. Serving LGIPs and public entities since 1986, working in conjunction with Boards to help meet the needs of Program Participants.

  • Professional Team. Credentialed, tenured team in the public entity market working to help meet client needs every day.

  • Innovative and Agile. Creating solutions to help meet the changing environment, provide our experience and knowledge in order for your organization to continue to evolve and help meet the changing needs of the participants. 

  • Transparent. Comprehensive monthly and quarterly board reporting.

Delivered to You
Contact Us

1415 28th Street, Suite 200
West Des Moines, IA 50266
Phone: (515) 543-8400
Toll Free: (800) 343-7084

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DISCLOSURES: The information provided herein is furnished by Miles Capital, Inc. solely for informational purposes and is confidential. It may not be reproduced or distributed to anyone else without prior consent. This document contains the current views of Miles Capital and is not intended to be, and should not be interpreted as, a recommendation of a particular security, product, or investment strategy. Such opinions and predictions are subject to change without notice. The strategies described in the presentation may not be suitable for all investors. There is no assurance that any of the objectives described will be achieved. This information contained herein does not take into account the particular investment objectives or financial circumstances of any specific person or entity who may receive it. You should consult your tax or legal advisor before making an investment, and investors are advised to thoroughly and carefully review financial, legal, and tax consequences of all investments to determine suitability. Investments in alternative assets may be illiquid and present significant risks. Past performance is not a guarantee of future results. There can be no guarantee that any investment strategy discussed in this Presentation will achieve its investment objectives. As with all strategies, there is a risk of loss of all or a portion of the amount invested. Diversification does not ensure a profit or protect against market loss.