Does Cable Car accept non-discretionary mandates?


It depends. Cable Car’s investment advisory agreement provides full discretion over the disposition of client assets. While retaining full discretion, on a case-by-case basis, Cable Car may invest a portion of the account according to client needs outside its primary investment strategy. For example, Cable Car invests a portion of a pension benefit plan differently from its primary strategy in order to satisfy ERISA requirements and the client’s anticipated cash flows.

Posted in: Institutional allocators