Add Brief description of the organization, its role, and who it serves.
Established in 1885, pursuant to Article XI, Section 8 of the Minnesota Constitution, the Minnesota State Board of Investment (SBI) serves the State of Minnesota by investing the assets of state and local employee benefit plans, other public retirement savings plans, tax advantaged savings plans, and non-retirement assets.
List of Leadership Team and Titles
The Minnesota Legislature has established a seventeen member Investment Advisory Council (IAC) to advise the Board and its staff on investment-related matters. All proposed investment policies are reviewed by the IAC before they are presented to the Board for action.
Link to IAC page
The SBI retains two custodian banks, one for its retirement and trust funds, and another for its state cash accounts. The SBI also retains consultants to assist the Board and Executive Director in the ongoing development and evaluation of its investment programs.
link to Custodian/Consultant page or list providers here