New York City Employees' Retirement System

Overview

The New York City Employees' Retirement System (NYCERS) is a public pension fund that administers retirement benefits for over 300,000 active and retired New York City employees. Established over a century ago, NYCERS is one of the largest public pension funds in the United States, managing assets across various classes to ensure the financial security of its members. Its investment portfolio includes private equity, infrastructure, fixed income, real estate, hedge funds, commodities, venture capital, distressed and special situations, ESG and impact investing, crypto, and collectibles & art. NYCERS employs a comprehensive investment strategy that spans multiple asset classes and stages, including buyouts, growth, late-stage, pre-IPO, turnarounds, and distressed investments. This diversified approach aims to balance risk and return, aligning with the long-term financial objectives of the fund. The fund's geographical focus is primarily within the United States, reflecting its commitment to supporting domestic economic growth and stability. With a history of prudent financial management, NYCERS has developed a robust track record in managing substantial assets. Its investment philosophy emphasizes a balanced and diversified portfolio, aiming to provide consistent and reliable retirement benefits to its members. The fund's commitment to responsible investing is evident in its inclusion of ESG and impact investing strategies, ensuring that its investments align with both financial goals and social responsibility.