The Investment Management Division serves as the investment arm for the Department of State Treasurer. This Division employs more than 20 investment professionals that provide the expertise for state government investing.
The Investment Management Division is responsible for the management of the Short-Term Investment Fund (STIF), the Pension Fund Investment Program and the Ancillary Investment Programs.
The Public is welcome to attend the February 28, 2024 meeting in person or, to attend virtually:
Audio only: +1 (914) 614-3221 Code: 750-082-717
To make a public comment, please plan to attend the Investment Advisory Committee meeting in person and sign in where directed. If you have questions, or more than one member of your organization would like to make a public comment, please send an email to Gail.Kadash@nctreasurer.com.
The Investment Management Division is responsible for the management of:
Ancillary Governmental Participant Investment Program (AGPIP)
As authorized by the General Assembly, responsible for managing assets for the Escheats Fund, Public Hospital Funds, the Local Government Other Post-Employment Benefits Fund, Local Government Law Enforcement Special Separation Allowance Fund, and other Non-Pension assets.
For more detailed information, visit the Ancillary Governmental Participant Investment Program (AGPIP) section on the Programs page.
The Pension Fund Investment Program
The majority of the assets managed by the Investment Management Division belong to the various pension funds administered by the State Treasurer. Collectively, these systems and funds are referred to as the North Carolina Retirement System. For more information on the investment of these assets, please visit the Pension Fund Overview section on the Programs page.
The Short-Term Investment Fund (STIF)
Responsible for managing the operating funds of the State. The main participants in this program are the State’s General Fund and Highway Funds. For more information on the investment of these assets, please visit the Cash Management section on the Programs page.
Main Phone Number (919) 814-4330
|Investment Management Contacts
|Co-CIO/Chief Risk & Operating Officer
|Co-CIO/Director of Investment Grade Fixed Income
|Director of Private Equity
|Director of Investment Operations and Risk
|Director of Public Equity
|Director of Opportunistic Fixed Income/Inflation Sensitive
|Director of Real Estate