Landmark legislation spearheaded by Treasurer Brad Briner earlier this year will revamp the way North Carolina’s $200 billion in public monies from the North Carolina Retirement Systems, cash management and other funds are managed. The Treasurer, who currently holds all investment authority, will now chair a board which oversees these taxpayer dollars. The N.C. Investment Authority Board (NCIA) held its first organizational meeting today.
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The North Carolina Retirement Systems ("NCRS") pr
Ty Powers has been hired as an Investment Director for the Department of State Treasurer’s (DST) Investment Management Division (IMD), State Treasurer Brad Briner announced today.
Andrew Hoffmann has been hired as Investment Director for the Department of State Treasurer’s Investment Management Division, State Treasurer Brad Briner announced today. “Andy will serve a critical role as we continue to rebalance assets in the North Carolina Retirement Systems to better align with long-term investment objectives, including eliminating our pension deficits,” Treasurer Briner said.
State Treasurer Brad Briner today announced four new members to the state Investment Advisory Committee.The appointees are Robert Durden, CEO/CIO at the University of Virginia; Michael Kennedy, former Senior Client Partner with Korn Ferry; Jamey Spencer, Managing Director and shareholder at Pathstone; and Dan Ward, CIO at Greenhawk Family Office.
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We are pleased that some resolution of this issue was achieved.
Currituck County is taking great strides to strengthen its ability to pay future retirement benefits to employees, and State Treasurer Dale R. Folwell, CPA, praised the coastal county for its efforts.
State Treasurer Dale R. Folwell, CPA, and the Investment Management Division (IMD) announced today the findings of a CEM Benchmarking (CEM) report of an investment cost analysis of the North Carolina Retirement Systems (NCRS). Investment costs are broadly defined as the costs associated with making investments, including management fees and oversight costs of running the investment program.
State Treasurer Dale R. Folwell, CPA has announced that the N.C. Department of State Treasurer (DST) is searching for a Chief Investment Officer to lead investment strategy for North Carolina's more than $100 billion retirement systems.