Rhode Island H7252 mandates the state investment commission to establish a capital access initiative to broaden investment opportunities for the.

Rhode Island H7252 requires the state investment commission to create a capital access initiative aimed at expanding potential investment opportunities for the state’s pension fund and engaging qualified but traditionally underrepresented investment managers. The initiative seeks to increase participation of a broader range of investment managers in managing pension fund assets. The commission must adopt a policy to implement this initiative by January 1, 2027, with a goal of having at least 10% of investment managers managing the state pension fund qualified through this initiative.

Rhode Island H7252 mandates the state investment commission to establish a capital access initiative to broaden investment opportunities for the.

Rhode Island H7252 requires the state investment commission to create a capital access initiative aimed at expanding potential investment opportunities for the state’s pension fund and engaging qualified but traditionally underrepresented investment managers. The initiative seeks to increase participation of a broader range of investment managers in managing pension fund assets. The commission must adopt a policy to implement this initiative by January 1, 2027, with a goal of having at least 10% of investment managers managing the state pension fund qualified through this initiative.