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DiNapoli Statement on His Placement Agent Ban Becoming Law
… to completely ban them. I want to thank Governor Cuomo for his support and leadership and for permanently taking placement agents out of the equation." …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-statement-his-placement-agent-ban-becoming-lawOpinion 88-46
… through its fiscal officer, would take responsibility for the custody of the funds to be invested, provide for the administration of the funds, and make necessary … designated under the agreement to invest moneys for the participants (the "lead municipality") would be …
https://www.osc.ny.gov/legal-opinions/opinion-88-46Real Estate Advisory Committee
… JoAnn Hanson President and Chief Executive Officer Church Investment Group L. Duane Jackson Managing Member …
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
… local economies. Our program continues to serve as a model for public pension funds around the country looking to …
https://www.osc.ny.gov/press/releases/2015/02/upstate-new-york-company-delivers-450000-investment-gain-state-pension-fundWhat is a Defined Benefit Plan?
… As a NYSLRS member, you are part of a defined benefit plan , also known as a traditional pension plan. Defined benefit plans provide several … by your retirement plan, you will receive a monthly pension payment for the rest of your life. How Defined …
https://www.osc.ny.gov/retirement/members/defined-benefit-planNYS Common Retirement Fund Contacts
… She graduated summa cum laude from Yale University with a B.S. in Applied Mathematics. Navyug Patel Deputy … He joined CRF in June 2015 as a Senior Investment Officer with the Opportunistic/ARS portfolio. Before becoming Deputy … for investment professionals looking to do business with the New York State Common Retirement Fund …
https://www.osc.ny.gov/common-retirement-fund/resources/nys-common-retirement-fund-contactsDiNapoli Announces New $7 Million Investment in Northern Ireland
… venture capital firms providing equity to technology, life science and general industry companies in Northern …
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
… Joseph Kennedy III, U.S. Department of State Special Envoy for Northern Ireland Economic Affairs and Bernard McGuire, … Ireland’s dynamic economy has proven a good investment for our state pension fund and I am gratified that we have … Ireland have provided a solid return and that’s good news for the 1.1 million working and retired members of our …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandFund's Mission, Values and Investment Philosophy
… We constantly strive to improve the way we work and create new ways to achieve unparalleled results. Fulfillment We feel … markets, we should gain exposure through low-cost, passive strategies. In less efficient markets, we consider active … however, that we should retain flexibility to react to new information and alter the Fund’s portfolios within asset …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyPlattekill Public Library – Procurement and Investment of Funds (2020M-143)
… The Board did not: Ensure required quotes were obtained for the purchase of security cameras. Adopt a procurement … services. As a result, officials did not seek competition for six professional service providers receiving payments … professional services and ensure competition is obtained for such services. Ensure future investments are made in …
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
… state pension fund has committed an additional $50 million for investments in New York State-based companies through its … overseen by Graycliff Partners, a new investment partner for the fund and one of 19 investment firms that manage … Graycliff will help to keep the state pension fund strong for the more than one million retirement system members and …
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
… selection decisions. Siwo has worked on Wall Street for nearly 15 years. Most recently, he was an investment … funds and curated an impact investing platform designed for institutional investors and fund managers. Siwo began his … 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)
… Over a 16-month period, officials missed an opportunity for the District to realize approximately $487,000 in …
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
… money market accounts, which had average available funds for investing of $845,365. Had officials considered other … investment procedures to convey management’s expectations for managing the district’s investment program, solicit … of expenditures; develop and adopt policies and procedures for the district’s financial operations, including controls …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli Announces $200 Million Commitment for Opportunistic Investments
… the program making the Fund one of few state pension funds with an Emerging Manager Program in each of the major …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-announces-200-million-commitment-opportunistic-investmentsLake Placid Central School District – Investment Program (2023M-94)
… investment program. The Assistant Superintendent for Business, Finance and Support Services (Assistant …
https://www.osc.ny.gov/local-government/audits/school-district/2023/10/20/lake-placid-central-school-district-investment-program-2023m-94Broadalbin-Perth Central School District – Cash Management (2020M-65)
… As a result, officials did not maximize interest earnings for the District. Officials did not formally solicit interest … flow forecasts to estimate the amount of funds available for investment. Officials earned interest totaling $40,652 … flow forecasts that estimate funds available each month for investment. District officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/09/broadalbin-perth-central-school-district-cash-management-2020m-65XIV.3.B Short Term Investment Pool (STIP) – XIV. Special Procedures
… Pursuant to §98 of the State Finance Law, the State Comptroller shall invest and … This permits investment decisions to be made based on the assets and liquidity needs of the checking account as …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3b-short-term-investment-pool-stipExamples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets
… Examples from GASB Statement 34 included in this bulletin, copyright by the Governmental Accounting … reprinted by permission. Sample City Statement of Changes in Fiduciary Net Assets Fiduciary Funds For the Year Ended … $ 65,796,103 $ 80,776 Statements of individual pension plans and external investment pools are required to …
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
… support renewable power. Additionally, the Fund committed $100 million to Excelsior Renewable Energy Investment Fund I, …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investments