Minnesota State Board of Investment
- Company typePublic
- Founded1885
- HeadquartersSaint Paul, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
Minnesota State Board of Investment firmographics
Firmographics- Name
- Minnesota State Board of Investment
- Legal name
- Minnesota State Board of Investment
- Website
- https://mn.gov
- Company type
- Public
- Founded year
- 1885
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Minnesota State Board of Investment industry classification
Industry- Product category
- Public Pension and State Investment Management
- NAICS
- Pension Funds (52511), Portfolio Management and Investment Advice (52394), Pension Funds (525110)
- SIC
- Investment Advice (6282), Federal & Federally-Sponsored Credit Agencies (6111)
- akta.pro primary industry
- Policy Banks (Government-Directed Lending Banks) (FSABAKAM)
- akta.pro secondary industry
- Private Credit — Infrastructure Debt & Project Finance (FSAHAJAJ)
Keywords
Where Minnesota State Board of Investment is headquartered
LocationHeadquarters
- HQ city
- Saint Paul
- HQ country
- United States
- HQ region
- North America
Markets served
Minnesota State Board of Investment business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Others
Minnesota State Board of Investment product offering
Product offeringCore offering
The Minnesota State Board of Investment (SBI) is a state government investment management agency that manages investment programs for the State of Minnesota. It makes investment decisions and capital allocations on behalf of state retirement funds (including those for state employees and teachers), post-retirement funds, trust funds, and cash accounts, and commits institutional capital to external fund managers across private equity and separately managed account strategies.
Product overview
Minnesota State Board of Investment (SBI) is a government investment management entity that manages investment programs for the State of Minnesota. SBI makes investment commitments to various private equity funds and separately managed accounts on behalf of the state. As an institutional investor, SBI does not operate a technology product platform; its primary function is to manage and allocate the state's investment portfolio across asset classes including private equity (KKR North America Fund XIV with $400M commitment) and Blackstone Separately Managed Accounts ($300M commitment).
Differentiator
Problem solved
Functional benefit
Products and services
- State Employee Retirement Fund Management Fiduciary management and investment of retirement fund assets for Minnesota state employees, including asset allocation across public and private market strategies.
- Post-Retirement Fund Management Investment management for post-retirement benefit obligations of the State of Minnesota and participating public entities.
- Trust Fund and Cash Account Management Investment oversight for state trust funds and cash accounts belonging to the State of Minnesota.
- KKR North America Fund XIV Commitment A $400 million institutional limited-partner commitment to KKR's North America Fund XIV, providing exposure to North American private equity across consumer, healthcare, financial services, industrials, media, and technology sectors.
- Blackstone Separately Managed Accounts Commitment A $300 million institutional commitment to Blackstone's Separately Managed Accounts (SMA) fund, providing institutional investors managed exposure to alternative investment strategies.
Companies that use Minnesota State Board of Investment
Customer profileSegments1 record
Ideal customer profiles1 record
Minnesota State Board of Investment technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Minnesota State Board of Investment partnerships and signals
Strategic signalScale indicators2 records
Recent moves3 records
Expansion highlights3 records
Minnesota State Board of Investment competitors and assessment
Company assessmentDirect peers
- California Public Employees' Retirement System (CalPERS): Largest U.S. public pension fund and direct peer to Minnesota SBI in fiduciary management of state employee retirement assets, including large private equity and alternatives allocations.
- Pennsylvania Public School Employees' Retirement System: Pennsylvania's public school employee pension fund; comparable in administering large state pension assets through institutional investment programs.
- New York State Common Retirement Fund: New York's statewide public pension system; co-investor with Minnesota SBI in KKR North America Fund XIV ($500M) and a direct peer in state pension management.
- Florida State Board of Administration: Florida's state investment entity managing Florida Retirement System assets; comparable in scale and institutional alternatives approach to Minnesota SBI.
- Washington State Investment Board: Washington's state investment board and the largest disclosed co-investor in KKR NA Fund XIV ($600M); operates a comparable institutional alternatives mandate.
- Ohio Public Employees Retirement System: Ohio's state public-employee pension system; peer in managing a large multi-employer defined-benefit portfolio with institutional asset allocation.
- New York State Teachers Retirement System: New York's teacher pension system; another statewide public retirement fund manager directly comparable to Minnesota SBI in mandate and governance structure.
- California State Teachers' Retirement System (CalSTRS): California's state teacher retirement fund and a like-for-like peer to Minnesota SBI in managing defined-benefit pension assets through institutional investment programs.
- Texas Teachers Retirement System: Texas's statewide teacher pension fund; peer in managing large public-pension AUM with material private equity and alternatives allocations.
Others
- State Street Global Advisors: Large institutional asset manager and common external partner / service provider to state pension funds such as Minnesota SBI for portfolio implementation, indexing, and outsourced CIO mandates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Minnesota State Board of Investment social profiles
Digital presenceMinnesota State Board of Investment financial estimates
Financial estimateRevenue estimate
Valuation estimate
Minnesota State Board of Investment leadership team
Management profileNumber of profiles
Minnesota State Board of Investment funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Minnesota State Board of Investment M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Minnesota State Board of Investment
What does Minnesota State Board of Investment do?
The Minnesota State Board of Investment (SBI) is a state government investment management agency that manages investment programs for the State of Minnesota. It makes investment decisions and capital allocations on behalf of state retirement funds (including those for state employees and teachers), post-retirement funds, trust funds, and cash accounts, and commits institutional capital to external fund managers across private equity and separately managed account strategies.
Is Minnesota State Board of Investment a public or private company?
Minnesota State Board of Investment is a public company. It is classified as state government owned and is currently operating.
When was Minnesota State Board of Investment founded?
Minnesota State Board of Investment was founded in 1885. It employs 5,001 to 10,000 people.
Where is Minnesota State Board of Investment based?
Minnesota State Board of Investment is headquartered in Saint Paul, United States, in the North America region.
Who are Minnesota State Board of Investment's main competitors?
Direct peers on record are California Public Employees' Retirement System (CalPERS), Pennsylvania Public School Employees' Retirement System, New York State Common Retirement Fund, Florida State Board of Administration, Washington State Investment Board, Ohio Public Employees Retirement System, New York State Teachers Retirement System, California State Teachers' Retirement System (CalSTRS) and Texas Teachers Retirement System. State Street Global Advisors is listed as an others.
Does Minnesota State Board of Investment have an API?
No public API is recorded for Minnesota State Board of Investment.
What industry is Minnesota State Board of Investment in?
Minnesota State Board of Investment's product category is Public Pension and State Investment Management. Its primary akta.pro industry code is FSABAKAM, Policy Banks (Government-Directed Lending Banks), with a secondary code of FSAHAJAJ, Private Credit — Infrastructure Debt & Project Finance. Its NAICS code is 52511 and its SIC code is 6282.