Hennepin Minnesota Investment Management Agreement, sometimes referred to as the Hennepin Investment Management Agreement or Hennepin County Investment Management Agreement, is a legal contract between an investor or investment firm and Hennepin County in Minnesota. This agreement outlines the terms and conditions for managing and investing funds held by Hennepin County for various purposes, such as pension funds, endowments, and other investment portfolios. The Hennepin Minnesota Investment Management Agreement covers a wide range of topics and details the responsibilities and obligations of both parties involved. These may include: 1. Investment Objectives: The agreement sets out the specific investment objectives, such as maximizing returns, meeting income needs, or capital preservation, depending on the purpose of the funds. 2. Investment Strategy: It defines the investment approach to be followed, such as asset allocation, diversification, risk management practices, and benchmarks to measure performance. 3. Reporting and Transparency: The agreement typically requires regular reporting on investment performance, including financial statements, investment portfolio breakdown, and any relevant market updates. 4. Fees and Compensation: This section outlines the fees that the investment manager will receive for their services, which may be a percentage of assets under management or a fixed fee structure. It also clarifies the reimbursement of certain expenses. 5. Term and Termination: The duration of the agreement is specified along with provisions for early termination, either by mutual consent or for breach of terms. 6. Fiduciary Duties: The investment manager is entrusted with acting in the best interest of Hennepin County, aligning their decisions with the County's investment policy and applicable laws, and avoiding conflicts of interest. 7. Performance Evaluation: The agreement may include provisions for evaluating the investment manager's performance against agreed-upon benchmarks and objective criteria. There may not be different types of Hennepin Minnesota Investment Management Agreements, but variations can exist based on the specific purpose or nature of the funds being managed, such as retirement funds or trust accounts. Each agreement is tailored to cater to the unique requirements and investment goals of Hennepin County or its related entities. Keywords: Hennepin Minnesota Investment Management Agreement, Hennepin Investment Management Agreement, Hennepin County, Minnesota, investor, investment firm, managing funds, pension funds, endowments, investment portfolios, investment objectives, investment strategy, reporting, transparency, fees, compensation, term, termination, fiduciary duties, performance evaluation, retirement funds, trust accounts.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.