Pension Fund

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Department of State Treasurer

North Carolina Department of State Treasurer was established in 1784 and serves as the state's banker. It administers retirement plans and invests in...

Department of State Treasurer logo

Department of State Treasurer

North Carolina Department of State Treasurer was established in 1784 and serves as the state's banker. It administers retirement plans and invests in short-term and long-term funds. The department manages pension funds and benefit plans for public employees.

General information

Firm type

Pension Fund

Year founded

1784

Location

Region

North America

Country

United States

City

Raleigh

Corporate office

3200 Atlantic Avenue, Raleigh, NC, United States

Principals

Brad Briner

North Carolina State Treasurer

Kevin SigRist

Chief Investment Officer

Sector focus

Private EquityReal EstatePublic Equities

Frequently asked questions

Who runs investment decisions at the Department of State Treasurer?

Brad Briner serves as North Carolina State Treasurer. Kevin SigRist holds the Chief Investment Officer role. The North Carolina Investment Authority board sets overall policy.

Does the Department of State Treasurer participate in fund commitments or only direct deals?

The department acts as a limited partner in private equity funds including Harvest Partners IX and Hg Titan 2. It also holds public equity positions directly.

What asset classes receive the largest allocations?

Public equities form the largest disclosed holdings. Private equity sits at 4.74 percent of assets. Real estate appears through multiple external managers.

Where does the Department of State Treasurer source its investment opportunities?

Commitments occur through established managers such as Landmark Partners and Warburg Pincus. Public market positions follow standard equity filings.

How is the Department of State Treasurer structured relative to other state investment offices?

It operates as a state agency with oversight from the North Carolina Investment Authority. The office also manages the Short-Term Investment Fund and Escheat Fund separately from the main pension portfolio.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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