# Utah Retirement Systems

Utah Retirement Systems is a Pension Fund based in Salt Lake City, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Salt Lake City, United States
- **Region:** North America
- **Address:** 560 East 200 South, Salt Lake City, UT 84102-2099, United States
- **Founded:** 1963
- **Assets under management:** 45466 (Altss estimate)
- **Website:** urs.org

## Regulatory record

- **Reports private funds:** No

## About

Utah Retirement Systems (URS) serves as an independent component unit of the State of Utah. It administers retirement and defined contribution benefits for state, local government, and public education employees. Established in 1963, URS manages multiple defined benefit pension systems and various retirement savings plans for nearly 200,000 members in Utah.

## Sectors

- Private Equity
- Real Estate
- Natural Resources
- Public Markets

## Offices

- St. George, UT, United States

## People

- Daniel Andersen — Executive Director
- John Skjervem — Chief Investment Officer
- Jason Morrow — Deputy Chief Investment Officer
- Rich Matheson — Director of Real Estate, Timber, and Agriculture
- Laura Lincoln — Director of Public Markets & Absolute Return

## Questions

### Who runs investment decisions at Utah Retirement Systems?

John Skjervem serves as Chief Investment Officer and oversees portfolio construction and manager selection. Jason Morrow acts as Deputy Chief Investment Officer with focus on private credit. Laura Lincoln directs public markets and absolute return strategies.

### Does Utah Retirement Systems participate in fund commitments or only direct deals?

The system commits to external private equity funds including ECI Partners, Hg Capital, Livingbridge, and Vitruvian Partners. It also holds direct investments in Helion Energy and Commonwealth Fusion Systems.

### What asset classes receive the largest allocations?

Public equities form the largest segment. Private equity targets 12 percent of assets. Real assets include timberland, agriculture, and energy holdings valued in excess of $9 billion.

### Which regions does Utah Retirement Systems target for private equity?

Commitments focus on the United States and the United Kingdom. Funds such as ECI 11 and Livingbridge 6 represent recent UK exposure.

### What external service providers support Utah Retirement Systems?

Northern Trust serves as global custodian. Gabriel, Roeder, Smith & Company provides actuarial services. Callan Associates acts as investment consultant. Eide Bailly was appointed auditor in 2024.

### Is Utah Retirement Systems a member of industry associations?

The system holds memberships in the Council of Institutional Investors, National Council on Teacher Retirement, National Association of State Retirement Administrators, and Public Pension Financial Forum.

## Related profiles

- [Electricity Supply Pension Scheme](https://altss.com/profile/electricity-supply-pension-scheme)
- [BVK Personalvorsorge des Kantons Zurich](https://altss.com/profile/bvk-personalvorsorge-des-kantons-zurich-bvk)

---

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

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

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