State of New Jersey Common Pension Fund E
State of New Jersey Common Pension Fund E is a public pension fund headquartered in Trenton, New Jersey. It is managed by the New Jersey Division of Investment, which is responsible for the investment of assets for multiple New Jersey state pension and retirement systems. The Division is among the largest public pension fund managers in the U.S., directly managing assets that support retirement benefits for over 837,000 members. Founded in 2013, Common Pension Fund E is part of a suite of Common Pension Funds managed for New Jersey public sector workers. The organization operates with a public mandate and is overseen by various layers of state governance.
Investment Strategy
The fund employs a diversified, multi-asset strategy managed by the New Jersey Division of Investment. The Division invests across public equities, fixed income, private equity, real estate, and alternative asset classes, seeking to provide secure retirement benefits for New Jersey public employees. The strategy emphasizes prudent risk management, long-term growth of assets, and stability, with some allocation to emerging managers across asset classes. Oversight is provided by a State Investment Council, ensuring investments align with statutory and fiduciary obligations.
Top Holdings
Equity Positions (1)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
O OTF | BLUE OWL TECHNOLOGY FIN CORP | 100.00% | $95.6M | 6,270,099 | $15.25 | $15.25 | +$95.6M |