About Us

What We Do

The Nebraska Investment Council manages $40 billion across 32 investment programs:

  • $18.8 billion in 5 defined benefit pension plans
  • $4.5 billion in 7 other retirement plans
  • $1.7 billion in 11 public endowments
  • $7.4 billion in the Operating Investment Pool, the State's checkbook, managed internally
  • $82 million in 3 State trusts
  • $7.1 billion in 4 colllege savings plans
  • $26 million in the Nebraska Enable plan

The funds are spread among 60 investment firms and over 150 investments.

Back Row (left to right): State Investment Officer Michael Walden-Newman, John Conley, Randy Gerke, and John Dinkel
Front Row (left to right): Dr. Richard DeFusco, Chair Gail Werner-Robertson, John Murante, Cecelia M. Carter, and Dr. Keith Olson

Council Members

Gail Werner-Robertson, Council Chairwoman
GWR Wealth Management, LLC
Omaha, NE
Term: 2019 - 2023

John H. Conley, CFA
Omaha, NE
Term: 2018 - 2022

Dr. Richard A. DeFusco, Ph.D., CFA
Professor of Finance
University of Nebraska - Lincoln
Lincoln, NE
Term: 2022 - 2026

John M. Dinkel
Dinkel Implement Co.
Norfolk, NE
Term: 2020 - 2024

Dr. Keith A. Olson, Ph.D., CFA
Professor of Economics & Finance
Creighton University - Heider
Omaha, NE
Term: 2021 - 2025

John Murante
Nebraska State Treasurer
Lincoln, NE
Ex Officio (non-voting)

Randy Gerke
NPERS Director
Lincoln, NE
Ex Officio (non-voting)

Cecelia M. Carter
OSERS Director 
Omaha, NE
Ex Officio (non-voting)
Retired - September 2022


Investment Team

Michael Walden-Newman
State Investment Officer

Jeremiah Garber, CFA
Portfolio Manager

Joseph P. Jurich
Senior Portfolio Manager

Aathi Rasiah
Investment Accountant

Justin Walkowiak
Administrative Manager

Chris Sanders
Investment Analyst

Joyce Schlautman
Internal Auditor

Joe Spitznagel
Portfolio Manager

JoLynn Winkler, CFA
Senior Portfolio Manager