New Jersey Division of Investment (NJ Dol) is the pension fund that supports the retirement plans of over 800,000 members in seven public pension systems in New Jersey. The net asset value of the Pension Fund assets managed by the Division was US$ 96 billion as of June 30, 2021. The Division also manages the State of New Jersey Cash Management Fund, Supplemental Annuity Collective Trust, a portion of the NJBEST Fund as well as several funds under the New Jersey State Employees Deferred Compensation Plan.
Assets under Management (AuM):
Alternative Assets: 28%
"To achieve the best possible return at an acceptable level of risk utilizing the highest fiduciary standards.” (Public Pension Fund)
GSR'23: 60% (9/10 Governance, 5/10 Sustainability, 1/5 Resilience), same as in 2022