Division of Investment
For Private Equity emerging manager inquiries or wish to forward materials, please submit your request to njopportunities@barings.com.
For Real Estate emerging manager inquiries or wish to forward materials, please submit your request to NJREOpps@gcmlp.com.
The Division, under the Council’s supervision, is one of the largest U.S. pension fund managers in the United States. The Division directly manages all or a portion of the assets of seven public pension systems: the Consolidated Police & Firemen’s Pension Fund, the Judicial Retirement System of ӣƵ, the Police & Firemen’s Retirement System of ӣƵ, the Prison Officers’ Pension Fund, the Public Employees’ Retirement System, the State Police Retirement System of ӣƵ and the Teachers’ Pension & Annuity Fund (collectively referred to in this report as the “Pension Fund”). As of June 30, 2024, the Pension Fund supports the retirement plans of over 837,000 members. The net asset value of Pension Fund assets directly managed by the Division was approximately $69.5 billion. The Division also manages the ӣƵ Cash Management Fund (a local government investment pool), the Supplemental Annuity Collective Trust (a 403b plan), a portion of the NJBEST Fund (a 529 college savings plan) as well as several funds under the ӣƵ State Employees Deferred Compensation Plan (a 457 plan).
| Cash Management Fund Rate of Return |
||
|---|---|---|
| Annualized Monthly Rate | State | Other-than-State |
April, 2025 |
4.30 |
4.24 |
March, 2025 |
4.31 |
4.25 |
February, 2025 |
4.33 |
4.27 |
If you need assistance or have questions, please email cmf@treas.nj.gov
Past Cash Management Fund Rates