News

October 2021 TFFR Employer Newsletter

Friday, October 1, 2021 at 11:00 am

Categories: TFFR Employer News

The October 2021 Briefly is now available. Please review the information regarding Member Reporting Requirements, Workshops for Business Managers, In-Staff Subbing by RE-Employed Retirees Policy Suspension and Links for TFFR Forms.


RIO is seeking a Chief Investment Officer (CIO)

Wednesday, September 22, 2021 at 01:50 pm

Categories: SIB News

We are seeking a Chief Investment Officer (CIO) with a high level of ethics and commitment to transparency. ND RIO, is an agency of the State of North Dakota and was assembled to capture administrative and investment savings in the management of two state programs: the retirement program of the Teachers’ Fund for Retirement (TFFR) and the investment program of the State of Investment Board (SIB).

SIB is the oversight board for NDRIO, the TFFR Board is responsible for the administration of the TFFR benefits program.  ND RIO has traditionally been led by a CIO/Executive Director.  As the investment program has grown dramatically, the SIB made the decision to bifurcate the Chief Investment Officer role from the Executive Director responsibilities.  

The CIO will report to the Executive Director and is responsible for administering the investment program of SIB.

Responsibilities and Preferred Qualifications please view the Position Specifications.

ND RIO has retained EFL Associates for this important search. To apply please send your resume to Lauren McElderry, of EFL Associates, at lmcelderry@eflassociates.com.


State Investment Board Press Release

Friday, August 6, 2021 at 10:30 pm

Categories: SIB News

Fargo, N.D. - 50 South Capital Advisors, LLC, the general partner of the newly-formed North Dakota Growth Fund (NDGF or the Fund), recently launched its interactive website for the Fund. The Fund was created, with the support of the State Investment Board, to further advance innovation and private markets investments in the state by seeking investments that provide strong risk-adjusted returns and support the growing entrepreneurial ecosystem in the state.

Read the full Press Release 


Retirement and Investment Office Press Release

Friday, June 25, 2021 at 01:30 pm

Categories: SIB News

The North Dakota Retirement & Investment Office (RIO) has issued a Request for Proposal (RFP) for Executive recruitment services to identify and evaluate qualified candidates to fill the position of Chief Investment Officer – Executive Director. The solicitation period closes Friday, July 16, 2021 at 10:00 AM CT.

Read the full Press Release 


TFFR Board Press Release

Friday, June 18, 2021 at 03:00 pm

Categories: TFFR Member News, TFFR Employer News

BISMARCK, ND – The Teachers' Fund for Retirement (TFFR) Board of Trustees met yesterday to review and discuss TFFR Fund policy initiatives, and recognize Mr. Hunter, Executive Director and Chief Investment Officer for the North Dakota Retirement and Investment office (RIO). Mr. Hunter has served in his position since 2013 and recently announced his resignation from RIO. TFFR is a client Fund of the State Investment Board (SIB), and the TFFR Program is also administered by the RIO agency.

Read the full Press Release 


State Investment Board Press Release

Tuesday, June 15, 2021 at 04:41 pm

Categories: SIB News

BISMARCK, ND – The North Dakota State Investment Board (SIB) convened today to accept the resignation of Executive Director and Chief Investment Officer David Hunter effective June 22, 2021. The SIB thanked Mr. Hunter for his years of dedication and service to the State and investment program. Vice Chair Dr. Rob Lech applauded Mr. Hunter for his commitment to due diligence and a growth oriented leadership.

Read the full Press Release 


State Investment Board Press Release

Monday, June 14, 2021 at 03:56 pm

Categories: SIB News

BISMARCK, NORTH DAKOTA, JUNE 14, 2021 – The State Investment Board (SIB) of North Dakota recently formed the North Dakota Growth Fund {1889 Growth Fund L.P.}. The Fund was created to further advance innovation and private markets investments in North Dakota by seeking investments that provide strong risk-adjusted returns and support the growing entrepreneurial ecosystem in the state.

Read the full Press Release 


May 2021 TFFR Employer Newsletter

Thursday, May 27, 2021 at 12:00 pm

Categories: TFFR Employer News

The May 2021 Briefly is now available. Please review the information regarding Year-end Employer Payment and Reports, Fiscal Year-End Reminders, PAS Project, Employer Contribution Rates for 2021-22 and TFFR Retirement Education Workshop in July.


RIO Press Release - Executive Director/Chief Investment Officer Resignation

Wednesday, May 26, 2021 at 04:00 pm

Categories: TFFR Member News, TFFR Employer News, SIB News

The North Dakota Retirement and Investment Office (RIO) announced today that Executive Director and Chief Investment Officer David Hunter is resigning his position effective June 22, 2021.

Official Press Release


March 2021 SIB Investment Newsletter

Wednesday, March 10, 2021 at 02:11 pm

Categories: SIB News

The March 2021 Vested Interest is now available.  Please review the information regarding SIB Client Investment Information and Board Updates.