Firm profile
The Division of Investment is responsible for the investment management of the seven pension funds that comprise the New Jersey Pension Fund and the State of New Jersey Cash Management Fund. End of Fiscal Year 2018, the pension fund was valued at $78 billion. The Division of Investment, under the supervision of the State Investment Council, is one of the largest pension fund managers in the United States. The pension fund supports the retirement plans of approximately 795,000 active and retired employees in seven public pension systems: the Consolidated Police & Firemens Pension Fund, the Judicial Retirement System, the Police & Firemens Retirement System, the Prison Officers Pension Fund, the Public Employees Retirement System, the State Police Retirement System and the Teachers Pension & Annuity Fund.