South Dakota Investment Council

Overview

Independent state investment council for South Dakota public funds.¹

Invests retirement and other state trust assets for long-term risk-adjusted returns.¹

Estimated AUM: $21B as of Jun 30, 2025³
Capital pool: State investment council²
Investment model: Not listed yet⁴
Investment approach: Invests retirement and other state trust assets for long-term risk-adjusted returns.⁵
Spending support: Not listed yet
Spending policy: Not listed yet
Asset allocation: Public evidence references these asset classes or allocation areas: venture capital.⁴
Performance: Not listed yet
Governance: South Dakota law stipulates that, "The members of the State Investment Council shall be qualified by training and experience in the field of investment or finance." Five members are appointed by the Executive Board of the Legislative Research Council, a bipartisan board composed of members from both houses of the Legislature.⁴
Investment team: Not listed yet⁴
Unfunded commitments: Not listed yet
Source freshness: Last verified Jul 4, 2026 · Verified

Last verified Jul 4, 2026 from public career and organization materials.

Annual report (sdic.sd.gov)Parent organization overview, Pool purpose · checked Jul 4, 2026
Manual research (sdic.sd.gov)Institution type, Capital pool, Headquarters · checked Jul 4, 2026
Annual report (sdic.sd.gov)Estimated AUM · checked Jul 4, 2026
Website (sdic.sd.gov)Investment model, Asset allocation, Governance, Investment team, Investment office page · checked Jul 4, 2026
Website (sdic.sd.gov)Investment approach · checked Jul 4, 2026