Investment Pool Descriptions
Defined Benefit Plans
The Nebraska Investment Council is responsible for the investment of the assets in the Defined Benefit Plans. There are five Defined Benefits Plans- the School Retirement System of the State of Nebraska, the Nebraska Judges Retirement System, the Nebraska State Patrol Retirement System, the Omaha School Employees Retirement System, and the Omaha School Service Annuity Fund. For more detail information click here.
Retirement Plans
The Nebraska Investment Council determines the investments for the State Employees Retirement System of the State of Nebraska and the Retirement System for Nebraska Counties. For more detail information click here.
Public Endowments
The Nebraska Investment Council manages the investments for several endowments and various trusts. The investment strategy for these portfolios varies based on the objectives of the portfolio. For more detail information click here.
Operating Investment Pool
The Nebraska Investment Council invests the available money from the State’s general fund, reserve fund, and State boards, commissions, departments or agencies, and any other state funds not currently needed, into the Operating Investment Pool (OIP). The Department of Administrative Services calculates the average daily balance for each participant and distributes the earned income monthly on a pro-rata share basis. For more detail information click here.
Savings Plans
The Nebraska Investment Council approves the investments for the NEST Direct, NEST Advisor, TD Ameritrade, and State Farm College Savings Plans as well as the Enable Savings Plan. For more detail information click here.
Miscellaneous Trusts & Funds
The Nebraska Investment Council is responsible for managing the investments for the Excess Liability Fund, the Aeronautics Trust Fund, and the Agricultural Development Fund. Each portfolio has its own asset allocation policy. For more detail information click here.
Request for Proposal
NIC Consultant Services RFP 2024 NIC Consulting Services RFP - Responses to inquiries
Attachments
1 - 2021 Asset liability study NPERS 2 - 2022 Asset liability study OSERS 3 - NIC 1Q24 Performance Report short version 4 - Alternative Investment Performance Summary 5 - NIC 1Q24 Performance Report 6 - NIC 4Q23 Full Report
Overview of Strategies
Overview of Strategies - Defined Benefit & Cash Balance Benefit Plans
Overview of Strategies - Endowments Portfolio
Overview of Strategies - Defined Contribution/Deferred Compensation Plans
Council Manager Partners
| Manager | Fund |
| AAVIN Equity Advisors, LLC | AAVIN Equity Partners II, LP |
| Abbott Capital Management, LLC | Abbott Capital Private Equity Fund V, L.P. |
| Abbott Capital Private Equity Fund VI, L.P. | |
| Abbott Capital Private Equity Fund VII, L.P. | |
| Accel-KKR Management LLC | Accel-KKR Capital Partners III, LP |
| Accel-KKR Capital Partners IV, LP | |
| Almanac Realty Investors, LLC | Almanac Realty Securities V, L.P. |
| Almanac Realty Securities IX, L.P. | |
| Almanac Realty Securities VII, L.P. | |
| Almanac Realty Securities VIII, L.P. | |
| Angelo, Gordon & Company, LP | AG Realty Fund VIII, L.P. |
| Apollo Global Management, LLC | India Property Fund II, LLC |
| Ares Management, LLC | Ares Corporate Opportunities Fund III, L.P. |
| Ares Corporate Opportunities Fund IV, L.P. | |
| Ares Corporate Opportunities Fund V, L.P. | |
| Ares Mezzanine Partners, L.P. | |
| EIF United States Power Fund IV, L.P. | |
| Ares Management Corporation | Landmark Real Estate Fund VI, L.P. |
| Landmark Real Estate Fund VII, L.P. | |
| Landmark Real Estate Fund VIII, L.P. | |
| Landmark Real Estate Fund IX, L.P. | |
| Arrowstreet Capital, L.P. | Arrowstreet Funds |
| Baird Advisors | Baird Funds |
| Barings LLC | Barings Funds |
| BGO Strategic Capital Partners | MREP International III, L.P. |
| MREP International IV, L.P. | |
| MREP Secondaries & Co-Investments Fund, L.P. | |
| BlackRock Financial Management, Inc. | BlackRock - Russell 3000 Index |
| BlackRock - Russell 1000 Value | |
| BlackRock - US Debt | |
| BlackRock - US Equity Market | |
| BlackRock Core Plus | |
| BlackRock MSCI ACWI ex-US IMI | |
| BlackRock MSCI ACWI IMI | |
| BlackRock LifePath Portfolio Index Funds O | |
| BPOC | Beecken Petty O'Keefe and Company IV, L.P. |
| Bridgepoint Advisers Limited | Bridgepoint Europe IV, L.P. |
| Bridgepoint Europe V, L.P. | |
| Bridgepoint Europe VI, L.P. | |
| Bridgepoint Europe VII, L.P. | |
| BTG Timberland Investment Group, LLC | BTG Pactual Timberland Investment Fund 1, LLC |
| CBRE Global Investors | CBRE Strategic Partners U.S. Opportunity V, L.P. |
| Clarion Partners | Clarion Lion Properties Fund, L.P. |
| Constitution Capital Partners | Ironsides Partnership Fund IV, L.P. |
| Ironsides Partnership Fund VII, L.P. | |
| CVC Capital Partners | CVC European Equity Partners V, L.P. |
| CVC Capital Partners VI, L.P. | |
| Dodge & Cox | Dodge & Cox Global Stock Fund |
| First Capital Partners, LLC | FCP Fund II, LP |
| Francisco Partners | Francisco Partners IV, L.P. |
| Francisco Partners V, L.P. | |
| Francisco Partners VI, L.P. | |
| Francisco Partners VII, L.P. | |
| Fremont Realty Capital | Strategic Property Partners II, L.P. |
| Genstar Capital Partners LLC | Genstar Capital Partners VIII, L.P. |
| Genstar Capital Partners IX, L.P. | |
| Genstar Capital Partners X, L.P. | |
| Goldman Sachs Asset Management | Real Estate Securities Fund |
| GQG Partners | GQG Funds |
| Hamilton Lane | SPC Funds |
| Harbourvest Partners, LLC | Dover Street IX, L.P. |
| Dover Street VIII, L.P. | |
| Dover Street X, L.P. | |
| Dover Street XI, L.P. | |
| JP Morgan Investment Management, Inc. | JP Morgan Global Maritime Investment Fund |
| Kayne Anderson Capital Advisors, L.P. | Kayne Anderson Real Estate Fund, VI, L.P. |
| Leonard Green & Partners, L.P. | Green Equity Investors VI, L.P. |
| Green Equity Investors VII, L.P. | |
| Lightyear Capital, LLC | Lightyear Fund III, L.P. |
| Lincolnshire Management, Inc. | Lincolnshire Equity Fund IV, L.P. |
| Loomis, Sayles & Company, L.P. | Loomis Sayles Funds |
| Mariner Real Estate Management, LLC | Mariner Real Estate Partners III, LLC |
| Mariner Real Estate Partners IV, LLC | |
| McCarthy Capital | Fulcrum Growth Partners IV, L.P. |
| McCarthy Capital Fund V, L.P. | |
| McCarthy Capital Fund VI, L.P. | |
| McCarthy Capital Fund VII, L.P. | |
| McCarthy Capital Fund VIII, L.P. | |
| Merit Capital Partners | Merit Mezzanine Fund V, L.P. |
| MFS Institutional Advisors, Inc. | MFS Funds |
| Morgan Stanley | Prime Property Fund, LLC |
| New Enterprise Associates | New Enterprise Associates 13, L.P. |
| New Enterprise Associates 14, L.P. | |
| New Enterprise Associates 17, L.P. | |
| New Enterprise Associates 18, L.P. | |
| New Mountain Capital, LLC | New Mountain Partners III, L.P. |
| New Mountain Partners IV, L.P. | |
| New Mountain Partners V, L.P. | |
| New Mountain Partners VI, L.P. | |
| New Mountain Partners VII, L.P. | |
| Northern Trust Asset Management | NTAM Fund |
| Oaktree Capital Management, L.P. | Oaktree Real Estate Debt Fund, L.P. |
| Oaktree Real Estate Opportunities Fund, VIII, L.P. | |
| Oaktree Real Estate Opportunities Fund IX, L.P. | |
| Pacific Investment Management Company, LLC | PIMCO Bravo Fund II, L.P. |
| PIMCO Funds | |
| Pathway Capital Management, L.P. | Pathway Private Equity Fund XVIII, LLC |
| Pine Brook Partners | Pine Brook Capital Partners II, L.P. |
| Presidio Partners | Presidio Partners 2007 |
| PGIM Real Estate | Prudential Property Investment Separate Account |
| Prudential Property Investment Separate Account II | |
| Quantum Energy Partners | Quantum Energy Partners V, LP |
| Quantum Energy Partners VI, LP | |
| Quantum Energy Partners VII, LP | |
| RCP Advisors, LLC | RCP Fund VII, LP |
| RCP Fund VIII, LP | |
| Rockpoint Group, LLC | Rockpoint Real Estate Fund III, L.P. |
| Rockwood Capital, LLC | Rockwood Capital Real Estate IX, L.P. |
| Rockwood Capital Real Estate X, L.P. | |
| Rockwood Capital Real Estate XI, L.P. | |
| Stonetree Capital Management, LLC | Stonetree Capital Fund IV, L.P. |
| Sun Capital Partners, Inc. | Sun Capital Partners V, L.P. |
| The Energy & Minerals Group | The Energy & Minerals Group Fund III, L.P. |
| T. Rowe Price Associates | Stable Value Fund |
| The Jordan Company | The Resolute Fund II, L.P. |
| The Resolute Fund III, L.P. | |
| The Resolute Fund IV, L.P. | |
| The Resolute Fund V, L.P. | |
| The Resolute Fund VI, L.P. | |
| The Rohatyn Group Management, LP | TRG Growth II |
| Torchlight Investors | Torchlight Debt Opportunity Fund IV, LLC |
| Torchlight Debt Opportunity Fund V, LLC | |
| Torchlight Debt Opportunity Fund VI, LLC | |
| Torchlight Debt Opportunity Fund VII, LLC | |
| UBS Realty Investors LLC | UBS Trumbull Property Fund |
| Trumbull Property Income Fund | |
| Vaquero Global Investment, LLC | Vaquero US EM Credit Fund, LP |
| Wayzata Investment Partners, LLC | Wayzata Opportunities Fund II, L.P. |
| Wayzata Opportunities Fund III, L.P. | |
| Wellington Management Company, LLP | Wellington Global Funds |
| Wynnchurch Capital | Wynnchurch Capital Partners IV, L.P. |
| Wynnchurch Capital Partners V, L.P. |
