NP
Nevada Public Employees Retirement System
Pension fund · Founded 1947 · Carson City, United States
Who Nevada Public Employees Retirement System is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The Nevada Public Employees' Retirement System (NVPERS) was established in 1947 by the Nevada Legislature through the Public Employees' Retirement Act.
- The system was created as an independent public agency to provide a stable retirement income for public employees.
Source of Capital
- The system is funded through contributions from both public employees, via paycheck withholdings, and their employers.
- These contributions are invested to finance retirement, disability, and survivor benefits for members.
Major Events
- In November 2023, the retirement system's board approved an increase in contribution rates for all members, which became effective in July 2024.
- The system was involved in a Nevada Supreme Court case concerning the public disclosure of its employees' and retirees' names and benefit information.
Allocation Strategy
- The investment strategy is centered on a diversified portfolio with a significant allocation to publicly traded equities.
- As of the end of 2020, the asset allocation was approximately 44.8% in U.S. stocks, 20.1% in international stocks, 23.8% in bonds, 6.3% in private equity, and 4.5% in private real estate.
- The primary investment objective is to achieve a long-term return of 7.5%, which is 4.75% above the rate of inflation as measured by the Consumer Price Index (CPI).
The funds Nevada Public Employees Retirement System backs.
Nevada Public Employees Retirement System is a limited partner in 97 funds. 20 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How Nevada Public Employees Retirement System’s fund book is spread.
The 97 funds Nevada Public Employees Retirement System backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 8082%
- Europe 1718%
- Rest of world 00%
United States 79 · United Kingdom 11 · Germany 2 · Canada 1
How established those managers are
Managers grouped by how many funds they have raised. 28 emerging (three funds or fewer), 49 established — across the 77 of 97 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Nevada Public Employees Retirement System by combined power-law score — North America first, then the nearest worldwide.