New Jersey Investment Division

The division of investment, under the supervision of the State Investment Council, is one of the largest pension fund managers in the United States, responsible for the investment management of the seven pension funds that comprise the New Jersey Pension Fund and the State of New Jersey Cash Management Fund

Country

United States

AUM

$79

Performance (%, 1YR)

10.70

Chief Executive

Shoaib Khan

Chief Investment Officer

Shoaib Khan

Chair

Deepak Raj

Asset allocation

28.96% U.S. Equity

11.57% Non-U.S. Developed Markets Equity

1.18% International Small Cap Equity

3.05% Emerging Markets Equity

11.04% Private Equity

0% Equity Oriented Hedge Funds

5.05% Real Estate

2.36% Real Assets

4.14% High Yield

7.31% Private Credit

6.95% Investment Grade Credit

11.44% Cash Equivalents

3.99% U.S. Treasuries

2.72% Risk Mitigation Strategies

0.25% Other