# Rhode Island OPEB Trust

Rhode Island OPEB Trust is an Investment Trust based in Providence, United States.

## Overview

- **Organization type:** Investment Trust
- **Headquarters:** Providence, United States
- **Region:** North America
- **Address:** Providence, United States
- **Founded:** 2008
- **Assets under management:** 692 (Altss estimate)
- **Website:** https://treasury.ri.gov/investments/cash-and-other-funds/opeb-trust

## Regulatory record

- **Reports private funds:** No

## About

The Rhode Island OPEB Trust manages assets for other post-employment benefits of state employees. James A. Diossa leads oversight in his capacity as General Treasurer while Justin Maistrow serves as CIO for the Rhode Island Treasury. The trust deploys capital into real estate and infrastructure vehicles. Holdings include Heitman America Real Estate Trust, Morgan Stanley Prime Property Fund, SROA Capital Fund IX and Stonepeak Infrastructure Fund V. Allocations cover the United States and select global markets. Assets are administered alongside the 12.1 billion dollar Employees' Retirement System of Rhode Island. No additional offices or dated operational events from the last 24 months appear in available records.

## Sectors

- Real Estate
- Infrastructure

## People

- James A. Diossa — Rhode Island General Treasurer and Chair of the State Investment Commission
- Justin Maistrow — Chief Investment Officer (CIO) for the Rhode Island Treasury

## Questions

### Who runs investment decisions at Rhode Island OPEB Trust?

James A. Diossa chairs the State Investment Commission. Justin Maistrow serves as CIO for the Rhode Island Treasury.

### How is the Rhode Island OPEB Trust related to the Employees' Retirement System of Rhode Island?

The OPEB Trust is managed alongside the 12.1 billion dollar pension fund in a pooled trust structure.

### What asset classes does Rhode Island OPEB Trust target?

The trust allocates to real estate and infrastructure funds including Heitman America Real Estate Trust and Stonepeak Infrastructure Fund V.

## Related profiles

- [166 2nd](https://altss.com/profile/166-2nd-adam-neumann-family-office)
- [Kansas City (Mo.) Firefighters Pension System](https://altss.com/profile/kansas-city-mo-firefighters-pension-system)

---

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

Canonical page: https://altss.com/profile/rhode-island-opeb-trust

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology