In 1995, we founded Galliard as a wholly-owned investment management subsidiary of Wells Fargo to focus exclusively on providing fixed income and stable value management to institutional investors. Headquartered in Minneapolis, Galliard currently manages more than $24 billion in assets for over 160 institutional clients including corporations, public funds, healthcare institutions, endowments and foundations, Taft Hartley plans, and institutions in a partnership capacity. While our firm has grown considerably in the past ten years, our commitment to delivering superior investment performance and exceptional client service has remained unchanged. Investing with Galliard gives institutional investors: - a firm with a long history of achieving consistent, superior performance relative to our benchmarks and peers;