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DiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… a lead sponsor) in growing New York-based companies. Hamilton Lane will manage the funds. The firm has a 20-year … York state,” said David Helgerson, managing director at Hamilton Lane. “Throughout this process, we have supported … companies. The Fund will build a portfolio of 16 to 18 co-investments, diversified by year, strategy and …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesState Comptroller DiNapoli Releases Municipal & School Audits
… issued. Hammondsport Central School District – Multiyear Planning (Steuben County) District officials did not develop … The board did not segregate disbursement duties, approve all claims or require adequate supporting documentation for … records and reports or ensure annual financial documents were filed, as required. Greenburgh Central School …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli: NYS Pension Fund Commits $1.3 Billion to Sustainable Investment Program
… funds as part of its Sustainable Investments and Climate Solutions (SICS) Program, State Comptroller Thomas P. … funds as part of its Sustainable Investments and Climate Solutions Program State Comptroller Thomas P DiNapoli trustee …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-nys-pension-fund-commits-13-billion-sustainable-investment-programState Comptroller DiNapoli Statement on Expansion of Geneva-Based RealEats into New Facility
… story. It is meeting the growing consumer demand for healthy, easy-to-prepare dinner options that arrive at your door, many created with fresh food from the Finger Lakes,” New York State … the New York State Common Retirement Fund partners with investment firms to invest in private New York …
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-dinapoli-statement-expansion-geneva-based-realeats-new-facilityDiNapoli Encourages New Yorkers to Save for College
… who face college expenses to open a 529 College Savings account to start saving now to help with the costs of getting … expenses through the program in 2016. Once an account is opened it can be used for higher education … who face college expenses to open a 529 College Savings account to start saving now to help with the costs of getting …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-encourages-new-yorkers-save-collegeDiNapoli Orders Divestment of Russia Holdings
… New York State Comptroller Thomas P. DiNapoli, sole trustee of the New York State Common Retirement Fund (Fund), today … from Russian companies and continued his prohibition of any further investments in them. On March 1, following Russia’s invasion of Ukraine, DiNapoli announced the Fund would freeze all new …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-orders-divestment-russia-holdingsSt. Lawrence County Industrial Development Agency – Project Approval and Monitoring (2021M-151)
… to ensure current employment information provided in project applications is supported by adequate …
https://www.osc.ny.gov/local-government/audits/county/2021/12/22/st-lawrence-county-industrial-development-agency-project-approval-and-monitoringBrighton Memorial Library – Board Oversight (2015M-116)
Brighton Memorial Library Board Oversight 2015M116
https://www.osc.ny.gov/local-government/audits/library/2015/08/28/brighton-memorial-library-board-oversight-2015m-116Opinion 90-22
… and Investments (of consumer deposits for municipal water utility) PUBLIC SERVICE LAW, §§89- 1 , 117; GENERAL MUNICIPAL LAW, §11: A municipal water utility is not required by Public Service Law, §117 to pay interest … Law, §117 provides, with certain exceptions, that a gas, electric, gas and electric, water, steam, telegraph, or …
https://www.osc.ny.gov/legal-opinions/opinion-90-22Corporate Governance
… see the New York State Common Retirement Fund's 2026 Stewardship Priorities . Proxy Voting The Fund votes by … as well as those of select non-U.S. companies. During the 2025 Proxy Season (calendar year 2025), the Fund cast 29,674 votes on ballot items at 3,272 …
https://www.osc.ny.gov/common-retirement-fund/corporate-governanceChautauqua County – Investments and Payroll (2016M-147)
… Purpose of Audit The objectives of our audit were to review the County’s investment program … 15, 2016. Background Chautauqua County has a population of approximately 135,000 and includes two cities, 27 towns …
https://www.osc.ny.gov/local-government/audits/county/2015/12/23/chautauqua-county-investments-and-payroll-2016m-147City of Olean Housing Authority – Board Oversight (2016M-93)
… Background The City of Olean Housing Authority is located in the City of Olean, Cattaraugus County. The Authority, … or procedures to monitor its consultant’s performance in administering the Authority’s Capital Fund Program (CFP), … with the brokerage firm that assists the Director in managing the Authority’s investment activities. Key …
https://www.osc.ny.gov/local-government/audits/city/2016/07/29/city-olean-housing-authority-board-oversight-2016m-93DiNapoli Announces Lowered Fees for New York State's 529 College Savings Direct Plan
… portfolio options that parents can choose from based on risk tolerance and the age of their child. These options, …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-announces-lowered-fees-new-york-states-529-college-savings-direct-planNYS Common Retirement Fund Reports Third Quarter Results
… the third quarter of the State Fiscal Year SFY 201920 was 528 percent …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-reports-third-quarter-resultsOpinion 92-52
… the funds of other public authorities and municipalities. You ask whether the Water Authority of Great Neck North may …
https://www.osc.ny.gov/legal-opinions/opinion-92-52Clark Mills Fire District – Controls Over Financial Activities (2014M-315)
… Background The District is a district corporation of the State, distinct and separate from the Town of Kirkland, and … invest District funds only as authorized by GML or other State statute. Discontinue the contract with the corporation … interest. File the delinquent AUDs with the Office of the State Comptroller and file future AUDs in a timely manner. …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/01/09/clark-mills-fire-district-controls-over-financial-activities-2014m-315State Comptroller DiNapoli Releases School District Audits
… the following school district audits have been issued. Dryden Central School District – Cash Management (Tompkins … used other available investment options. Niagara Falls City School District – Out-of-District Tuition Billing (Niagara County) Tuition billings …
https://www.osc.ny.gov/press/releases/2020/09/state-comptroller-dinapoli-releases-school-district-auditsOpinion 95-30
… LIBRARIES -- Investments (of moneys raised by taxes and gifts) GENERAL MUNICIPAL LAW, §11; EDUCATION LAW, §§226, 255; … in General Municipal Law, §11, except that investments of gifts, grants or bequests in the form of a true trust are … invest moneys raised by taxes, and non-tax moneys, such as gifts. General Municipal Law, §11, as amended by chapter 708 …
https://www.osc.ny.gov/legal-opinions/opinion-95-30Investing in New York
… possible, the Comptroller guides the Fund to invest in New York-based business ventures, companies and other … (as of March 31, 2025) $1.9 billion invested in 600 New York State companies (as of March 31, 2025) Over $650 … (518) 375-8324 Email: [email protected] New York Credit Small Business Investment Company Fund (SBIC) …
https://www.osc.ny.gov/common-retirement-fund/investing-new-yorkNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… funds that are subject to the Employee Retirement Income Security Act to consider environmental, social and governance … be allowed to play political football with the retirement security of millions of hardworking Americans. My thanks to … The Fund is not subject to the Employee Retirement Income Security Act (ERISA) or the Department of Labor’s rules, but …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolution