# South Carolina Retirement Systems

South Carolina Retirement Systems is a Pension Fund based in Columbia, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Columbia, United States
- **Region:** North America
- **Address:** Columbia, South Carolina, United States
- **Assets under management:** $34.6B (Altss estimate)
- **Website:** peba.sc.gov
- **LinkedIn:** https://www.linkedin.com/company/south-carolina-retirement-system-investment-commission

## Regulatory record

- **Reports private funds:** No

## About

The South Carolina Public Employee Benefit Authority (PEBA) administers South Carolina's public employee retirement systems and employee insurance programs. PEBA covers nearly 700,000 public employees across five defined benefit retirement plans, including the South Carolina Retirement System (SCRS). The SC Retirement System Investment Commission (RSIC) manages assets for over 630,000 plan participants.

## Sectors

- Real Estate
- Infrastructure
- Hedge Funds
- Private Credit

## People

- Michael Hitchcock — Chief Executive Officer, RSIC
- Bryan W. Moore — Interim Chief Investment Officer, RSIC
- William H. Hancock — Chairman of the Commission
- Peggy Boykin — Executive Director, PEBA
- Curtis Loftis — South Carolina State Treasurer

## Questions

### Who runs investment decisions at South Carolina Retirement Systems?

Bryan W. Moore serves as interim Chief Investment Officer, stepping into the role in 2025 after predecessor Geoffrey Berg departed. The Investment Commission, chaired by William H. Hancock, provides fiduciary oversight. CEO Michael Hitchcock leads RSIC's executive operations.

### Does South Carolina Retirement Systems invest directly or through funds?

The fund primarily commits to external managers. Its real asset positions sit in vehicles like Carlyle Realty Partners X, Brookfield Strategic Real Estate Partners V, and EQT Exeter Industrial Value Fund VI, while a separate portable-alpha allocation taps hedge fund strategies.

### What real estate exposure does the fund carry?

Real estate commitments span mixed-use, commercial, and industrial properties through Carlyle, Brookfield, Blackstone, Sculptor, and EQT Exeter funds. Geographies reach the United States, Canada, and select global markets.

### How is the state treasurer involved in the pension?

South Carolina State Treasurer Curtis Loftis holds an ex-officio role, sitting on the commission that oversees the investment arm. This embeds direct state fiscal governance into the fund's structure.

## Related profiles

- [San Francisco Employees' Retirement System](https://altss.com/profile/san-francisco-employees-retirement-system)
- [Princeton University](https://altss.com/profile/princeton-university)

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

Canonical page: https://altss.com/profile/south-carolina-retirement-systems

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