Contact: Julia Vail (919) 807-3132
December 19, 2012


Treasurer Cowell Announces Chief Investment Officer 

Kevin SigRist to Oversee Investments for North Carolina

kevin_sigrist-photo_pr_150.jpgRALEIGH – State Treasurer Janet Cowell announced today that Kevin SigRist will join the Department of State Treasurer as the new Chief Investment Officer for the $77 billion North Carolina Retirement Systems.

Since 2006, SigRist has served as Deputy Executive Director of the State Board of Administration in Florida, which invests that state’s $129 billion pension fund. Prior to 2006, he served in various capacities with the Florida investment fund, including Senior Investment Officer and Chief of Client Services & Enterprise Risk Management.

“North Carolina will benefit from Mr. SigRist’s 20 years of investment experience, as well as his perspective coming from Florida – a state with a strong, forward-thinking pension investment program,” Cowell said.

Previously, SigRist served as an economist with Norwest Corporation (Wells Fargo) in Minneapolis for four years.

He earned his master’s degree in economics from Washington University in St. Louis and his bachelor’s degree in economics from the University of Wisconsin in Oshkosh.

The national search for the position was conducted by Korn/Ferry International, led by Managing Director Michael Kennedy.

The Department of State Treasurer’s Chief Investment Officer is responsible for managing a staff of over 22 investment professionals and overseeing approximately $77 billion in assets for the North Carolina Retirement Systems.