Perry begins final lap at the Minnesota state agency that actually makes money (Star Tribune)
"Mansco Perry, a veteran of the Twin Cities financial scene, has led the State Board of Investment since 2013 and seen its assets nearly double in that time to $130 billion."
"Mansco Perry, who is nearing retirement after leading the Minnesota State Board of Investment (SBI) for nearly a decade, jokes that he has a vested interest in having a successor who is more skillful than him..." Read more...
Minnesota reports 30.3% fiscal-year return for pension plans (Pensions & Investments)
"The combined defined benefit plans of the Minnesota State Board of Investment, St. Paul, returned 30.3% in the fiscal year ended June 30, the highest return since the 1983 fiscal year."
"The $89.9 billion combined fund topped its benchmark return of 28.8% in the 2021 fiscal year, fueled by the 45.3% return of the fund's domestic equity portfolio, the 37.8% return of the private markets portfolio and 36.8% from the international equity allocation..." Read more...See previous Minnesota News articles