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SIB Clients

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The State Investment Board (SIB) is responsible for the investment of the assets of the funds identified in NDCC 21-10-06. The SIB may also provide investment management services to, and manage the money of, any agency, institution, or political subdivision of the state, subject to agreement with the Industrial Commission. 

Below are the monthly financial statements and investment performance reports for each of the SIB's client funds. Note that these monthly numbers are preliminary and subject to change. Reports as of fiscal year-end (i.e., June 30) contain information included in RIO's annual financial audit. For additional disclosures, see the final audit reports available on the Publications webpage.

Note that the Legacy Fund's financial statements and performance reports are posted on the fund's webpage.

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Financial Statements

Performance Reports

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SIB Meetings
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Events Page

July 2025 SIB Board Meeting

Friday, July 25, 2025 at 08:30 am

Categories: SIB Meetings

September 2025 SIB Board Meeting

Friday, September 26, 2025 at 08:30 am

Categories: SIB Meetings

October 2025 SIB Board Meeting

Friday, October 24, 2025 at 08:30 am

Categories: SIB Meetings

November 2025 SIB Board Meeting

Friday, November 21, 2025 at 08:30 am

Categories: SIB Meetings

January 2026 SIB Board Meeting

Friday, January 23, 2026 at 08:30 am

Categories: SIB Meetings

SIB Meetings

SIB News
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Recent News

SIB appoints Smith as permanent RIO executive director

Tuesday, June 3, 2025 at 10:00 am

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

The State Investment Board has appointed Jodi A. Smith as the permanent executive director of the North Dakota Retirement and Investment Office. The decision was made during a special SIB meeting on June 3, 2025.


SIB elects Armstrong as chair, approves interim director offer, and launches executive search

Friday, January 3, 2025

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

At a special meeting today, the State Investment Board elected Gov. Kelly Armstrong as its chair, reaffirming the Board’s commitment to strong leadership.


State Investment Board selects NEPC to enhance portfolio strategy

Tuesday, December 10, 2024

Categories: SIB News

The North Dakota State Investment Board is pleased to announce the selection of NEPC LLC as its asset allocation advisor.


State Investment Board will transition to new leadership for 2025

Friday, November 22, 2024

Categories: SIB News

The State Investment Board recognized outgoing leadership at its meeting today, extending its appreciation for two board members and the Retirement and Investment Office’s executive director for their impactful work on behalf of North Dakota citizens.


Legacy Fund Report: more than $450 million in 40 North Dakota businesses and communities

Thursday, November 14, 2024

Categories: SIB News

A report to the Legacy and Budget Stabilization Fund Advisory Board highlighted the progress of the Legacy Fund’s in-state investment program. At the close of the fiscal year, more than $450 million was committed to 40 North Dakota businesses and communities. To tap additional in-state opportunities, the State Investment Board will add another investment manager to the program’s roster next year. 


SIB News