Louisiana Asset Management Pool

What Louisiana Asset Management Pool does

Louisiana Asset Management Pool (LAMP) is a private Local Government Investment Pool (LGIP) operated by LAMP, Inc., providing a single pooled cash management vehicle specifically designed for Louisiana government entities, including parishes, municipalities, school districts, and special districts. The pool maintains a constant $1.00 net asset value per share, holds the Standard & Poor's AAAm Principal Stability Fund Rating (the highest designation for government investment pools), and operates with a Weighted Average Maturity (WAM) kept under 60 days (WAM to Reset of 46 days and WAM to Final of 72 days as of July 2, 2026) to preserve liquidity and limit market price exposure. The current daily, 7-day, and 30-day yields are 3.75%, with returns quoted net of fees.

LAMP's core technology is a participant portal hosted at utransact.ultimusfundsolutions.com, accompanied by an interactive interest calculator and downloadable compliance documents including a GASB 40 Footnote Disclosure template, application forms, and investment guidelines. Portfolio management is delegated to American Beacon Advisors, Inc., whose Chief Fixed Income Officer Sam Silver presents annually on portfolio performance, while Standard & Poor's provides ongoing rating oversight.

The business model is fee-based: LAMP generates revenue through management fees charged to participants on invested balances, earning the spread between gross investment returns and net participant dividends. Distribution is direct via the lamppool.com website and participant portal, supported by email newsletters, annual meetings, and the institutional credibility of Louisiana State Treasurer John C. Fleming, MD, who also serves as LAMP, Inc. President. The pool is governed by a Board of Directors and an Advisory Board and operates exclusively within Louisiana, with explicit geographic restriction noted in the source material.

Name

Louisiana Asset Management Pool

Legal name

LAMP, Inc.

Website

https://lamppool.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1–10 employees

Short description

Louisiana Asset Management Pool (LAMP) is a private Local Government Investment Pool serving Louisiana government entities with a S&P AAAm-rated, $1.00 NAV cash management vehicle. It generates revenue through management fees on participant balances and distributes directly via its participant portal.

Ownership category

akta.pro rank

Product category

Local Government Investment Pool

NAICS

Other Investment Pools and Funds (5259), Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Government Investment Pools & Treasury Funds (FSAAAGAE)

akta.pro secondary industry

Money Market Funds (FSAAAEAC)

Keywords

• Local government investment pool
• Public fund management
• Cash management services
• Municipal investment pool
• Government treasury services

Headquarters

HQ city

New Orleans

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Management Fees: LAMP generates revenue through management fees charged to participants on their invested balances. Returns quoted are net of fees. The pool also benefits from the spread between investment returns and participant dividends paid.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

LAMP is a local government investment pool that provides professional cash management and money management services exclusively for Louisiana government entities, including parishes, municipalities, school districts, and special districts. The pool operates as a principal stability fund (money market fund) with a constant $1.00 net asset value per share, a Weighted Average Maturity (WAM) under 60 days, and a current yield of 3.75% (as of July 2, 2026). Participants access the pool through a dedicated online portal and downloadable account opening forms, with investments managed by American Beacon Advisors under S&P AAAm oversight.

Product overview

Louisiana Asset Management Pool (LAMP) operates as a single investment pool product — a cash management tool specifically designed for local government entities in Louisiana. The offering provides professional money management services with competitive yield rates (Daily Rate, 7-Day Yield, and 30-Day Yield), weighted average maturity metrics, and a participant portal for account management. LAMP functions as a unified LGIP (Local Government Investment Pool) rather than a platform with multiple modules.

Differentiator

Problem solved

Functional benefit

Products and services

• LAMP Investment Pool

Quantifiable outcome

• 3.75% current yield (as of July 2, 2026)

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• American Beacon Advisors, Inc.coreTechnology or IntegrationAmerican Beacon Advisors provides professional investment advisory services to LAMP, including portfolio management, investment selection, and performance review. Mr. Sam Silver, Chief Fixed Income Officer, presents at LAMP Annual Meetings on portfolio overview and investment performance.
• Standard & Poor's Ratings ServicescoreTechnology or IntegrationS&P provides the AAAm Principal Stability Fund Rating for LAMP, validating the fund's credit quality and safety. Ms. Kara Wachsmann, Senior Analyst, presents annually on LGIP rating trends.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• BlackRock Liquidity Funds (Fed/Government funds): BlackRock operates large government money market funds that compete with LGIPs for institutional treasury cash. While not a state LGIP, the fund products are materially comparable in structure ($1.00 NAV, government securities focus) and serve overlapping institutional clients.
• Wells Fargo Government Money Market Fund: Wells Fargo offers government MMFs that compete with LGIPs for public-entity cash management. Comparable as a broad incumbent offering $1.00 NAV government money market products with institutional treasury client focus.
• Fidelity Government Money Market Fund (SPAXX): Fidelity is a broad incumbent offering government money market funds with $1.00 NAV that compete with LGIPs for public-entity cash. While not a state-only LGIP, the offering is materially comparable in product structure, safety profile, and yields offered to government clients.

Direct peers

• TexasPool (Texas Local Government Investment Pool): TexasPool is a local government investment pool serving Texas public entities, directly comparable to LAMP as a state-level LGIP with AAAm rating, $1.00 NAV, and similar government-only participant base. Both face identical structural dynamics: short-term WAM, fee-based revenue, regulatory compliance focus, and GASB 40 reporting.
• NYCLASS (New York Cooperative Liquid Assets Securities System): NYCLASS is a New York-based LGIP serving public entities with pooled investment services. Directly comparable to LAMP as a state-level LGIP with similar product structure, rating profile, and government-focused participant base.
• Florida PRIME: Florida PRIME is a Florida-based LGIP operated by the Florida State Board of Administration, serving public entities with a similarly rated, S&P-rated, government-focused investment pool. Directly comparable to LAMP in product structure, participant base, and regulatory positioning.
• Alabama Trust Fund / AIM (Alabama Investment Management): Alabama LGIP equivalents serving state and local government entities with similar short-term pooled investment products. Comparable to LAMP in product structure, regulatory positioning, and government-only participant base.
• California LAIF (Local Agency Investment Fund): California LAIF is the largest state LGIP in the U.S., serving California local agencies with similar cash management services. Directly comparable in product offering (LGIP, $1.00 NAV, government-only participants) though at materially larger scale.

Others

• American Beacon Advisors (LAMP's investment advisor): American Beacon Advisors is LAMP's external investment advisor providing portfolio management services. While not a competing LGIP, it is a key service provider and ecosystem participant; comparable as an institutional fixed-income manager serving government investment pools.
• Ultimus Fund Solutions (LAMP's fund administrator): Ultimus Fund Solutions is LAMP's third-party fund administrator operating the participant portal. It is an ecosystem participant serving LGIPs and similar pooled investment vehicles with back-office administration and recordkeeping.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Louisiana Asset Management Pool