# Indiana Public Retirement System

Indiana Public Retirement System is a Pension Fund based in Indianapolis, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Indianapolis, United States
- **Region:** North America
- **Address:** One North Capitol Suite 001, Indianapolis, IN, United States
- **Founded:** 1921
- **Assets under management:** 54900 (Altss estimate)
- **Website:** in.gov/inprs
- **LinkedIn:** https://www.linkedin.com/company/indiana-public-retirement-system

## Regulatory record

- **Reports private funds:** No

## About

Indiana Public Retirement System (INPRS) is a U.S.-based government agency that ranks among the 100 largest pension systems in the United States. As fiduciaries it educates stakeholders collects contributions and manages member assets to deliver promised defined benefit and defined contribution benefits and services. INPRS serves 553,534 working members and retirees from over 1,340 employers across Indiana.

## Sectors

- Infrastructure
- Private Equity
- Real Estate
- Commodities
- Technology

## People

- Steve Russo — Executive Director
- Scott Davis — Chief Investment Officer
- Brian Abbott — Chairman of the Board of Trustees

## Questions

### Who runs investment decisions at Indiana Public Retirement System?

Scott Davis serves as Chief Investment Officer and directs investment strategy and asset allocation. The board of trustees sets overall policy. Steve Russo as Executive Director oversees operations and reports to the board.

### Does Indiana Public Retirement System participate in fund commitments or only direct deals?

INPRS makes commitments to private funds and also executes co-investments. Examples include Veritas Capital Fund IX, KKR Diversified Core Infrastructure Fund, and real estate co-investments with Longpoint and ICG.

### What asset classes does Indiana Public Retirement System hold?

Holdings include public equities such as Microsoft and NVIDIA, real estate funds, private equity, infrastructure, and commodities including gold futures mandates. The portfolio spans North America, Europe, and global exposures.

### How is Indiana Public Retirement System governed?

A board of trustees appointed by the governor sets investment policy. The executive director and CIO execute day-to-day management under fiduciary standards. Brian Abbott currently chairs the board.

### Which industry associations does Indiana Public Retirement System belong to?

INPRS holds memberships in NASRA, NCPERS, the Council of Institutional Investors, and the Principles for Responsible Investment. It has received the Public Pension Standards Award for thirteen consecutive years.

### What service providers support Indiana Public Retirement System?

Verus Advisory acts as general investment consultant. Aksia serves as alternatives consultant. BNY Mellon provides custody. PwC performs audits and Cavanaugh Macdonald Consulting provides actuarial services.

### Where does Indiana Public Retirement System source its investment opportunities?

The fund works through retained consultants and direct relationships with managers. It participates in both primary fund commitments and co-investments alongside external sponsors.

## Related profiles

- [Arizona State Retirement System](https://altss.com/profile/arizona-state-retirement-system)
- [LandesBank Berlin](https://altss.com/profile/landesbank-berlin)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/indiana-public-retirement-system

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