Treasurer Summers to Host 12th Quarterly Earnings Call on February 13th

2018 City Treasurer’s Black History Month Essay Competition in 2018

For Immediate Release
February 8th, 2018

Contact: Tripp Wellde
Tripp.Wellde@cityofchicago.org
312-742-1855

CHICAGO – Chicago City Treasurer Kurt Summers will host the 12th Quarterly Earnings Call on Tuesday, February 13th at 12:00 PM CT to report on the City of Chicago’s investment portfolio performance in Q4 2017 and FY 2017. Treasurer Summers will be joined by Jabari Porter, the City of Chicago’s new Chief Investment Officer (CIO). Porter will provide expert analysis on market trends for 2018, as well as the challenges and opportunities that those trends present to the City Treasurer’s Office. Treasurer Summers and CIO Porter will also preview some exciting investment ideas on the horizon to maximize the office’s local economic impact.

Register for the call and webinar here.

“To best serve Chicago’s taxpayers, it is important that our office not only provide transparent reporting on our investment portfolio but also offer analysis on current trends that can impact future investment decisions,” Treasurer Summers said. “We look forward to sharing our current market insights with Chicagoans on this Quarterly Earnings Call.”

CIO Porter added, “I’ve spent my career in the private sector, focused on credit analysis and portfolio management. It’s exciting to have the opportunity to discuss investment challenges and opportunities in the next year with taxpayers, ratings agencies, and investors—and to work with our team to leverage those insights in pursuit of our objective to best serve residents in Chicago’s 77 neighborhoods.”

Treasurer Summers created the Quarterly Earnings Calls during the start of his tenure as an opportunity to increase financial transparency and accountability to Chicagoans. In addition to sharing the investment portfolio performance for the City of Chicago, the call will provide an overview of the national and local economies.

All are welcome to join the Quarterly Earnings Call by registering here. After registering, participants will be able to dial-in to the call or watch the presentation with audio online. If members of the press or other attendees would like to submit questions ahead of time to be answered on the call, then please email City.Treasurer@cityofchicago.org.