# South Carolina Judges & Solicitors Retirement System (JSRS)

South Carolina Judges & Solicitors Retirement System (JSRS) is a Pension Fund based in Columbia, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Columbia, United States
- **Region:** North America
- **Address:** Columbia, SC, United States
- **Assets under management:** Undisclosed
- **Website:** peba.sc.gov

## Regulatory record

- **Reports private funds:** No

## About

The South Carolina Judges & Solicitors Retirement System provides pension benefits exclusively for the state's active and retired judges, solicitors, and circuit public defenders — a narrow, constitutionally grounded participant pool within South Carolina's broader public retirement infrastructure. Administered by the Public Employee Benefit Authority, JSRS operates as a defined-benefit plan, with its assets pooled and managed by the Retirement System Investment Commission alongside the larger South Carolina Retirement Systems trust. JSRS participates in a diversified institutional portfolio that spans real estate, private equity, credit, and infrastructure. Known real estate commitments include positions in Blackstone Property Partners, Brookfield Strategic Real Estate Partners II, Carlyle Realty Partners X, EQT Exeter Industrial Value Fund VI, Morgan Stanley Prime Property Fund, and Sculptor Real Estate V — a mix of core, value-add, and opportunistic strategies across commercial, industrial, and mixed-use properties. The fund deploys predominantly through fund commitments, though RSIC's structure enables co-investment participation across asset classes. RSIC operates under a commission chaired by William H. Hancock, with Michael Hitchcock serving as CEO. The investment staff, led by CIO Bryan W. Moore, who was appointed permanently to the role in October 2025, manages JSRS assets alongside the larger South Carolina Retirement System pool. The commission's investment decisions are guided by a statutory mandate to preserve and grow trust assets exclusively for participant benefit, with public board meetings and quarterly reporting requirements. No separate JSRS-specific allocation committee exists — portfolio construction is integrated at the RSIC level. JSRS illustrates the consolidation trend in U.S. public pensions: its assets are indistinguishable in management structure from the state's main retirement system, yet its beneficiary pool remains legally distinct. This architecture gives the fund access to institutional-quality managers and fee structures while maintaining a narrow fiduciary duty to judges and solicitors — creating an investment profile identical to a large state pension but with a liability stream tied to a single professional cohort.

## Sectors

- Real Estate
- Private Equity
- Infrastructure

## People

- Michael Hitchcock — Chief Executive Officer, RSIC
- Bryan W. Moore — Chief Investment Officer, RSIC
- William H. Hancock — Chairman, RSIC

## Questions

### Who manages the JSRS portfolio?

The South Carolina Retirement System Investment Commission holds exclusive statutory authority to invest JSRS assets. The commission operates under CEO Michael Hitchcock, with Bryan W. Moore serving as permanent CIO since October 2025. PEBA administers the plan and holds custodial responsibility, but all investment decisions flow through RSIC's internal staff and board.

### How does JSRS differ from the main South Carolina Retirement System?

JSRS covers a legally distinct participant pool — active and retired state judges, solicitors, and circuit public defenders — while the main SCRS covers general state employees. Contribution rates and benefit formulas are specific to JSRS. Investment assets, however, are commingled and managed identically through RSIC alongside the larger trust, meaning JSRS benefits from institutional pricing and access without a separate investment staff.

### What is JSRS's real estate allocation strategy?

JSRS gains real estate exposure through RSIC's fund commitments across core, value-add, and opportunistic strategies. Disclosed positions include Blackstone Property Partners, Brookfield Strategic Real Estate Partners II, Carlyle Realty Partners X, EQT Exeter Industrial Value Fund VI, Morgan Stanley Prime Property Fund, and Sculptor Real Estate V — spanning commercial, industrial, and mixed-use assets globally.

### What is JSRS's posture on private credit?

JSRS participates in private credit through RSIC's allocation framework, though specific credit commitments are not individually disclosed in available records. The fund's real estate and private equity commitments dominate the known public portfolio, with credit exposure embedded within RSIC's broader asset allocation.

## Related profiles

- [South Carolina General Assembly Retirement System (GARS)](https://altss.com/profile/south-carolina-general-assembly-retirement-system-gars)
- [South Carolina National Guard Supplemental Retirement Plan](https://altss.com/profile/south-carolina-national-guard-supplemental-retirement-plan-scng)

---

Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/south-carolina-judges-solicitors-retirement-system-jsrs

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