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Pension Commission Investment Diversity Program
"We are at a historic moment in the history of this nation,” said Hartford City Treasurer Adam M. Cloud. “The longstanding obstacles of discrimination and exclusion are well known within the financial services industry. For too long minority and women candidates have been excluded from the opportunity to participate, grow and thrive within the industry. We seek to end these inequities. The recent events that have occurred within our nation have exposed the systematic racism and social injustice in our society and have prompted many firms to commit themselves to improving and increasing the level of diversity within their organizations. These efforts, while notable, will not be meaningful without a comprehensive plan, meaningful action and a higher level of accountability. As such, the City of Hartford’s Municipal Employees’ Retirement Fund (“MERF”) is announcing its’ Diversity Report Card.
Meet The Honorable
Adam M. Cloud
The Hartford City Treasurer is an elected official who, pursuant to the Charter of the City of Hartford, is the custodian and investor of all City funds. As City Treasurer, Mr. Cloud is responsible for an investment portfolio of approximately $1 billion dollars.
Adam M. Cloud, a lifelong resident of the City of Hartford, brings to the City Treasurer’s Office more than 20 years of experience in financial services with leading institutions. A former Director within the Public Finance Group of Advest, Inc., Mr. Cloud structured several billion dollars worth of bond transactions which financed infrastructures such as schools, parking facilities, and student housing. Locally, Mr. Cloud’s financings included The Bushnell, UConn and the Connecticut Children’s Medical Center. "
Notable Accomplishments of Treasurer Cloud's Tenure
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HARTFORD, CONN (January 5, 2021) - Today, Adam M. Cloud, Treasurer of the City of Hartford and the Secretary of...
Hartford City Treasurer Adam Cloud Comments On COVID-19 And The Status Of Operations Of The City Treasurer’s Office
HARTFORD, CONN (December 22, 2020) – Treasurer Cloud issued the following comments on COVID-19 and the status of operations of...
HARTFORD CITY TREASURER ADAM CLOUD STATEMENT ON MERF VALUATION HARTFORD, CONN (August 13, 2020) – Treasurer Cloud issued the following...