Search
XVI.4.A Cash and Investments – XVI. Financial Reporting
… Pool (STIP) which is used for the temporary investment of funds not required for immediate payments; sole custody funds administered by the Department of Taxation and Finance; and funds of the Division of the Lottery. The New York State and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4a-cash-and-investmentsDryden Central School District - Cash Management (2020M-61)
… Key Findings District officials did not follow their investment policy. As a result, officials did not maximize … Officials did not develop and manage a comprehensive investment program. Officials did not seek competitive … earned an additional $614,606 if they used other available investment options. Key Recommendations Develop and manage a …
https://www.osc.ny.gov/local-government/audits/school-district/2020/08/28/dryden-central-school-district-cash-management-2020m-61Comptroller's NYS Common Retirement Fund Responsibilities
… the Inspector General General Investment Policy Placement Agent Disclosure Policy and PAFD Addressee List Policy on …
https://www.osc.ny.gov/common-retirement-fund/responsibilitiesOnondaga Cortland Madison Board of Cooperative Educational Services – Cash Management (2023M-40)
… – pdf] Audit Objective Determine whether Onondaga Cortland Madison Board of Cooperative Educational Services (BOCES) … audit onondaga cortland madison BOCES cash management …
https://www.osc.ny.gov/local-government/audits/boces/2023/06/02/onondaga-cortland-madison-board-cooperative-educational-services-cash-managementDiNapoli Statement on His Placement Agent Ban Becoming Law
… the previous administration's wrongdoing. It was clear to me that placement agents were corrosive and unnecessary," …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-statement-his-placement-agent-ban-becoming-lawOpinion 88-46
… investment advisor to determine their legality and their compliance with the investment policies and procedures … for the cooperative investment of municipal moneys for compliance with applicable law, should also review the …
https://www.osc.ny.gov/legal-opinions/opinion-88-46Leading the Way on Climate Investment
… change poses significant risks to the Common Retirement Funds investments the economy and a society as a whole but …
https://www.osc.ny.gov/common-retirement-fund/leading-way-climate-investmentUpstate New York Company Delivers $450,000 Investment Gain To The State Pension Fund
… pleased to have provided ClearMomentum with the expansion capital that allowed it to grow and prosper. In so doing, the … portfolio of public and private equities, fixed income, real estate and alternative instruments and has consistently been …
https://www.osc.ny.gov/press/releases/2015/02/upstate-new-york-company-delivers-450000-investment-gain-state-pension-fundReal Estate Advisory Committee
… The Real Estate Advisory Committee is appointed by the Comptroller, with the consent of the Investment Advisory … The committee appointed by the Comptroller with the consent of the Investment Advisory …
https://www.osc.ny.gov/common-retirement-fund/resources/real-estate-advisory-committeeWhat is a Defined Benefit Plan?
… Defined benefit plans provide several advantages over the 401(k)-style plans offered by many private employers. Perhaps … Defined benefit pension plans are often confused with 401(k)-style retirement savings plans, which are known as … Plan Publication page and follow the steps to find yours. Today, NYSLRS is one of the largest public retirement systems …
https://www.osc.ny.gov/retirement/members/defined-benefit-planNYS Common Retirement Fund Contacts
… Titarchuk is the Chief Investment Officer for the New York State Common Retirement Fund. Under the direction of State Comptroller Thomas P. DiNapoli, Ms. Titarchuk is … The Fund holds assets in trust for more than one million State and local government employees and pensioners. Prior to …
https://www.osc.ny.gov/common-retirement-fund/resources/nys-common-retirement-fund-contactsDiNapoli Announces New $7 Million Investment in Northern Ireland
… in Northern Ireland through the Bank of Ireland Kernel Capital Growth Fund (NI). The fund, managed by Kernel Capital, was established in 2013 by Invest Northern Ireland … strength and this added investment, combined with Kernel Capital’s impressive track record of investing in high growth …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… McGuire, Managing Director of 57 Stars, an international private equity investor, to announce a new $50 million … Fund. The investment from the state pension fund’s private equity program will be managed by 57 Stars, a … $175 million commitment to 57 Stars for international markets in Europe and elsewhere. Including today’s …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandNew York State Common Retirement Fund
… New York State Common Retirement Fund The New York State Common Retirement Fund is one of the largest public … retirement security for over one million New York State and Local Retirement System (NYSLRS) members, retirees … The New York State Common Retirement Fund holds and invests the assets of …
https://www.osc.ny.gov/common-retirement-fundPlattekill Public Library – Procurement and Investment of Funds (2020M-143)
… whether the Plattekill Public Library (Library) Board of Trustees (Board) made purchases in compliance with its … not: Ensure required quotes were obtained for the purchase of security cameras. Adopt a procurement policy that included … Update the procurement policy to address the procurement of professional services and ensure competition is obtained …
https://www.osc.ny.gov/local-government/audits/library/2021/04/16/plattekill-public-library-procurement-and-investment-funds-2020m-143State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… program invests in New York State-based companies seeking capital for growth, to refinance ownership or for early stage … portfolio of public and private equities, fixed income, real estate and alternative instruments and has consistently been …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesNYS Comptroller DiNapoli Appoints First Director of Sustainable Investments and Climate Solutions
… from Cornell University. A photo of Siwo is available for download here …
https://www.osc.ny.gov/press/releases/2020/01/nys-comptroller-dinapoli-appoints-first-director-sustainable-investments-and-climate-solutionsDepew Union Free School District – Investment Program (2023M-77)
… in financial institutions that offered higher interest rates, prepare monthly cash flow forecasts or solicit interest rate quotes. Over a 16-month period, officials missed an opportunity for the …
https://www.osc.ny.gov/local-government/audits/school-district/2023/10/20/depew-union-free-school-district-investment-program-2023m-77State Comptroller DiNapoli Releases Municipal & School Audits
… district or documented plans to establish a water district near these improvements; therefore, it provides no benefit to …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli Announces $200 Million Commitment for Opportunistic Investments
… equity ($1.5 billion), hedge fund ($200 million), real estate ($300 million) and opportunistic ($200 million). “Pine … of public and private equities, fixed income, real estate and alternative instruments and has consistently been …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-announces-200-million-commitment-opportunistic-investments