Asset Owner Directory

North Dakota Department of Trust Lands

North Dakota Department of Trust Lands is a sovereign wealth fund that invests North Dakota’s oil revenues to finance public schools across the state

Country

United States

AUM

$9

Chief Investment Officer

Frank Mihail

Chair

Marlo M. Oaks (State Treasurer)

Asset allocation
Target allocation based on pension plan assets

31% Domestic Equity

20% International Equity

7% Private Equity

23% Domestic Fixed Income

19% Global Real Assets

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