Investment Advisory Committee
Meeting Calendar
The General Assembly established the Investment Advisory Committee in 2001 to advise the State Treasurer on managing investments for the Retirement Systems.
In 2009, the legislature passed the Treasurer's Governance and Transparency Act allowing for the expansion of the IAC from five to seven members, increasing the financial expertise available to the Treasurer for investment decisions.
*Visit the IAC Meeting Archives for meeting details older than those displayed.
Meetings will be held in the Dogwood Conference Room at our office at 3200 Atlantic Avenue, Raleigh, NC, unless otherwise specified.
| Meeting Date | Agenda | Minutes/Recordings | Materials |
|---|---|---|---|
February 26, 2025
| Meeting Recording Minutes | NCRS Investment Policy Statement | |
May 28, 2025
| Meeting Recording | Opportunistic Fixed Income Pacing Review | |
August 27, 2025 To attend the Webinar: To make a public comment, please plan to attend the Investment Advisory Committee meeting in person and sign in where directed. If you have any 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. Committee Members attending via Webinar will be sent an email with additional instructions. | |||
| November 19, 2025 |
Investment Advisory Committee Members
IAC Code of Ethics
Policies and Guidelines
- Investment Policy Statement for North Carolina Retirement Systems
- External Investment Manager and Vehicle Selection Policy
- Investment Transaction Disclosure Policy
- Insider and Personal Trading Policy
- IMD Code of Ethics and Conduct Policy
- Investment Manager and Vehicle Monitoring Policy
- Ancillary Governmental Participants Investment Program (AGPIP) Investment Policy Statement
- Divestment and Contract Prohibition Policy
- Divestment and Open Government
- Proxy Voting Guidelines
- Venture Capital Multiplier Fund Investment Policy Statement