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Real Estate Advisory Committee
… is appointed by the Comptroller, with the consent of the Investment Advisory Committee, pursuant to Section 423 of the Retirement and Social Security Law. The Real Estate … the event the Real Estate Advisory Committee disapproves of a proposed mortgage or real estate investment, the …
https://www.osc.ny.gov/common-retirement-fund/resources/real-estate-advisory-committeeUpstate New York Company Delivers $450,000 Investment Gain To The State Pension Fund
… invested in the company through Trillium Group, a managing partner for the In-State Program, in 2010 ($500,000) and in … jobs within the region," said Kevin Phelps, general partner for Trillium Group. The In-State Private Equity … more than one million members, retirees and beneficiaries from more than 3,000 state and local government employers. …
https://www.osc.ny.gov/press/releases/2015/02/upstate-new-york-company-delivers-450000-investment-gain-state-pension-fundOpinion 88-46
… MUNICIPAL LAW, §§11, 119-o: Pursuant to a cooperative investment agreement, school districts and municipalities … the authority to invest those funds. Authority over the investment of funds may not be delegated to an advisory board. Prior opinions relative to cooperative investment agreements superseded to the extent inconsistent. …
https://www.osc.ny.gov/legal-opinions/opinion-88-46Tioga Central School District – Cash Management (2020M-83)
… monthly cash flow forecasts that estimate available funds for investment. Ensure excess funds are invested in a manner, …
https://www.osc.ny.gov/local-government/audits/school-district/2020/11/13/tioga-central-school-district-cash-management-2020m-83What is a Defined Benefit Plan?
… Retirement Fund . Over the past 20 years, the Fund’s investment returns have covered 75 percent of the cost of … benefit plans, retirement assets are pooled, and the investment risk is shared. These plans are usually … administered by professional managers, whose long-term investment strategies reduce the impact of market turmoil. …
https://www.osc.ny.gov/retirement/members/defined-benefit-planNYS Common Retirement Fund Contacts
… Anastasia Titarchuk Chief Investment Officer [email protected] Anastasia Titarchuk is the Chief Investment Officer for the New York State Common Retirement … Titarchuk is responsible for developing and implementing investment strategies to ensure that the Fund remains one of …
https://www.osc.ny.gov/common-retirement-fund/resources/nys-common-retirement-fund-contactsPlattekill Public Library – Procurement and Investment of Funds (2020M-143)
… in accordance with statutory requirements and its adopted investment policy. Key Findings The Board did not always comply with its procurement and investment policies, or with statutory requirements relating … receiving payments totaling $24,009. Adhere to its investment policy by limiting the investment decisions to the …
https://www.osc.ny.gov/local-government/audits/library/2021/04/16/plattekill-public-library-procurement-and-investment-funds-2020m-143NY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… from the New York State Common Retirement Fund. The investment from the state pension fund’s private equity … will be managed by 57 Stars, a Washington D.C. based investment manager. “Northern Ireland’s dynamic economy has proven a good investment for our state pension fund and I am gratified that …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandDiNapoli Announces New $7 Million Investment in Northern Ireland
… to accelerate growth. “We’re pleased to announce another investment in Northern Ireland’s dynamic economy that will … Ireland, Arlene Foster MLA said: “This significant investment by the New York State Common Retirement Fund … economy has grown from strength to strength and this added investment, combined with Kernel Capital’s impressive track …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandDepew Union Free School District – Investment Program (2023M-77)
… (District) officials developed and managed a comprehensive investment program. Key Findings District officials did not develop and manage a comprehensive investment program. The Business Administrator (BA) and … tax levy. Key Recommendations Comply with the District’s investment policy and develop comprehensive written …
https://www.osc.ny.gov/local-government/audits/school-district/2023/10/20/depew-union-free-school-district-investment-program-2023m-77State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… Thomas P. DiNapoli announced today. Investments made from this money will be overseen by Graycliff Partners, a new investment partner for the fund and one of 19 investment firms that … seeking capital for growth, to refinance ownership or for early stage investment. The program has returned $293 …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesFund's Mission, Values and Investment Philosophy
… people and the highest standards for ethics and investment management. Core values We commit to living these … and capabilities required for the Fund to be a leading investment organization. Perseverance We support each other …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyBroadalbin-Perth Central School District – Cash Management (2020M-65)
… officials did not develop and manage a comprehensive investment program. As a result, officials did not maximize … forecasts to estimate the amount of funds available for investment. Officials earned interest totaling $40,652 during … about $159,100 more had officials used other available investment options. Key Recommendations Periodically solicit …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/09/broadalbin-perth-central-school-district-cash-management-2020m-65Lake Placid Central School District – Investment Program (2023M-94)
… (District) officials developed and managed a comprehensive investment program. Key Findings District officials did not develop and manage a comprehensive investment program. The Assistant Superintendent for … cash flow forecasts. Consider other legally authorized investment options when investing available funds. Had …
https://www.osc.ny.gov/local-government/audits/school-district/2023/10/20/lake-placid-central-school-district-investment-program-2023m-94NYS Comptroller DiNapoli Appoints First Director of Sustainable Investments and Climate Solutions
… addressing it. Andrew will be a great asset in sourcing investment opportunities in the growing lower carbon global … to strengthen their portfolios,” said the Fund’s Chief Investment Officer Anastasia Titarchuk. “Andrew brings … addition, the director will provide internal training to investment teams on sustainable investing to further …
https://www.osc.ny.gov/press/releases/2020/01/nys-comptroller-dinapoli-appoints-first-director-sustainable-investments-and-climate-solutionsDiNapoli Announces $200 Million Commitment for Opportunistic Investments
… "I am pleased to welcome Pine Street as an investment partner for our Emerging Manager Program,”said DiNapoli. … Conference is held in Albany and attracts attendees from across the country. Fund staff and investment partners … more than one million members, retirees and beneficiaries from more than 3,000 state and local government employers. …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-announces-200-million-commitment-opportunistic-investmentsXIV.3.B Short Term Investment Pool (STIP) – XIV. Special Procedures
… to any and all funds of the State. The Short Term Investment Pool (STIP) represents a mechanism that allows for … for the purposes of short-term investments. This permits investment decisions to be made based on the assets and … a separate fund (70151). The amount of cash available for investment each day is calculated by the Bureau of State …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3b-short-term-investment-pool-stipState Comptroller DiNapoli Releases Municipal & School Audits
… statements, as required. Greenville Fire District – Investment Program (Orange County) District officials developed a comprehensive investment program but did not effectively manage the … Had officials considered other legally permissible investment options, the district may have earned an …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-dinapoli-releases-municipal-school-auditsExamples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets
… Dividends 1,445,273 Total investment earnings 3,633,622 4,560 Less investment expense 216,428 Net investment earnings 3,417,194 4,560 …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-changes-fiduciary-net-assetsDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… to DiNapoli’s comprehensive Climate Action Plan to lower investment risks from climate change and transition the … greenhouse gas emissions . “While climate change poses investment risks, it also creates opportunities for the state … to Copenhagen Infrastructure Partners IV, a European investment fund that will focus on investments in renewable …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investments