Asset Owner Directory

New York State Teachers’ Retirement Fund

Established in 1921 by the New York State Legislature, NYSTRS provides retirement, disability and death benefits to eligible New York State public school teachers and administrators through a defined benefit plan. It is the second-largest public retirement system in the state and one of the 10-largest public pension funds in the US. NYSTRS serves more than 261,000 active members and nearly 173,000 retirees and beneficiaries.


United States

AUM ($B)




Chief Executive

Thomas K. Lee

Chief Investment Officer

Thomas K. Lee


David P. Keefe

Asset allocation

34.9% Domestic Equity

16.4% International Equity

3% Global Equity

10% Real Estate Equity

8% Private Equity

15.9% Domestic Fixed Income

0.5% Global Bonds

2.4% High-yield bonds

0.6% Private Debt

6% Real Estate Debt

2.3% Cash equivalents related articles
Investor Profile

NYSTRS defends defined benefit funds

The defined-benefit New York State Teachers’ Retirement System is defending its 8 per cent assumed rate of return at a time in the US when the limelight is focussed on pension fund structural issues.    defined benefit funds, defined contribution, National Association of State Retirement AdministratorsAsset Owner:New York State Teachers’ Retirement FundNew York City Teachers’ Retirement […]
Uncategorised posts

NYSTRS reallocates to international passive

The executive director of the $72 billion New York State Teachers’ Retirement System (NYSTRS), Thomas Lee, has been given the discretion to reallocate actively managed international equity assets into passive funds, in line with a board decision to use a blended international equity benchmark, as the fund appoints new consultants to begin from January. NYSTRSAsset […]
Uncategorised posts

NYSTRS leaves UNPRI but remains committed to governance

The New York State Teachers Retirement System has voluntarily withdrawn active participation in the United Nations Principles for Responsible Investment (UNPRI) initiative but will continue to support strong corporate governance principles through memberships in the Council of Institutional Investors and Ceres. Asset Owner:New York State Teachers’ Retirement FundNew York City Teachers’ Retirement System (TRS)