Become a member and subscribe Login
Asset Owner Directory

Minnesota State Board of Investment

Established in 1885 to manage assets for the State of Minnesota, the SBI is also responsible for the assets of the three Statewide Retirement Systems, various defined contribution plans, non-retirement accounts, and tax-advantaged savings plans.

Country

United States

AUM

$156

Performance (%, 1YR)

10.90

Chief Executive

Jill E. Schurtz

Chief Investment Officer

Jill E. Schurtz

Performance Notes

Based on Combined Funds

Chair

Tim Walz

Asset allocation
Based on Combined Funds

52% Public Equity

24.8% Fixed Income

23.2% Private Markets

Website
View the annual report
Global Pension Transparency Benchmark country system description

Asset allocation as of June 30, 2025. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Minnesota overhauls governance as CIO gets more mandate power

Chief investment officer of the $150 billion Minnesota State Board of Investment will gain authority to hire and fire managers without board approval in a governance overhaul approved this week that will sharply fast-track decision-making. The change follows an 18-month asset allocation study which has resulted in some portfolio finetunes.

Darcy Song

October 23, 2025

Minnesota to expand private markets

A strategic and long-term focus sees the Minnesota State Board of Investment CIO, Mansco Perry, adopt a patient and encouraging approach when it comes to climate change and diversity. The $104 billion fund is also looking to expand its allocation to private markets, and double its internal team.

Sarah Rundell

February 21, 2020

Minnesota’s push into passive

A disillusionment with active has led Minnesota to double its passive allocation in public equities, a strategy that sits alongside a commitment to long-term investing in private markets.

Sarah Rundell

November 01, 2016

Load more
Asset Owner Directory
Fund NameCountryAUM ($B)ArticlesMore Info

Future Fund

Australia$16398View Info

South Carolina Retirement System Investment Commission (RSIC)

United States$5013View Info

Employees Retirement System of Texas

United States$4310View Info
View more funds

Fiduciary Investors Podcast Series

Listen to Podcast

Subscribe now to

Become a member and subscribe

Join Now
Our partners

Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.

The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.

Top1000funds.com is read by investment professionals in more than 40 countries.

Privacy Policy | Terms of Service | Cookie Policy | AI Editorial Policy