H7252

Requires the state investment commission to create a capital access initiative to expand potential investment opportunities for the state’s pension fund and engage qualified but traditionally underrepresented investment managers.

Introduced·1/21/26
Introduced Text

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.

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  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Finance Committee
Next
Committee decision

Sponsors

DDDDDDDDDD
10
0
Democratic CaucusRepublican Caucus

Calendar

Apr 29

12:00 AM

House Finance Hearing

History

Apr 29

House

Committee recommended measure be held for further study

Apr 24

House

Scheduled for hearing and/or consideration (04/29/2026)

Jan 21

House

Introduced, referred to House Finance