Pennsylvanis Treasury - Earn. Learn. Invest.

Home | About | Contact | Newsroom | e-Contracts | Board of Finance & Revenue | Debit Card Program 


College Savings
About the PA Treasury
 

Treasury investment professionals handle cash management and short-term investing; however, for longer-term investment portfolios, Treasury uses the services of external investment managers.

These firms manage their assigned portfolios subject to oversight by Treasury’s Investment Committee and financial advisors.  Specific duties include:

  • Discretionary investment management (decisions to buy, sell, or hold individual securities);
  • Submit investment performance reports;
  • Notify Treasury of any significant external factors, such as major changes in economic outlook or capital market trends, that may affect the investment portfolio; and
  • Notify the Deputy State Treasurer for Investments and the Investment Committee, in writing, when external events have caused the manager’s portfolio to include securities that are no longer consistent with the portfolio’s intended composition or discipline.

Treasury’s current investment managers:
Below is a list of Treasury’s current investment managers.

  • Aksia LLC
  • Avenue Capital Group
  • Blackstone GSO
  • Blue Hill Investment Partners, L.P.
  • Chatham Capital
  • Chartwell Investment Partners
  • Clayton Perfilio, Ltd.
  • Community Capital Management
  • Credit Suisse Asset Management
  • DC Investors I, LLC
  • Emerald Advisers, Inc.
  • Entrust Capital
  • Federated Investment Counseling
  • ClearArc Capital, Inc. (Fifth Third)
  • Generation Investment Management US LLP
  • Intercontinental RE
  • Macquarie Funds Management Inc.
  • Logan Circle Partners, L.P.
  • Mesirow Financial Investment Management
  • New Spring Capital
  • Pacers Advisors, Inc.
  • Penn Mezzanine
  • Philadelphia Trust Company
  • Princeton Advisory Group, Inc.
  • Queensboro Advisors, LLC
  • Selene Investment Partners LLC
  • Stoneridge Investment Management, LLC
  • Sound Point Capital Management
  • The Haverford Trust Company
  • The Swarthmore Group
  • Thornburg Investment Management
  • Valley Forge Asset Management Corp.
  • Vista Equity Partners
  • Weaver Barksdale & Associates

Potential investment managers:
Treasury encourages qualified firms to apply to become an investment manager for Treasury by completing and submitting the industry-standard PSN application.

In order to be considered, all managers must submit their product data and performance history to the PSN database by sending an e-mail to PSNdata@informais.com with the following information:

  • Name of the investment management firm
  • Address
  • Name of the data contact who will be responsible for submitting the required information and communicating with Informa Investment Solutions (IIS) on any data issues
  • Data contact telephone number
  • Data contact fax number
  • Data contact e-mail address
After being approved by PSN, please send an e-mail to: TreasuryInvestmentCommittee@patreasury.gov  along with a list of the asset classes you are applying for.


Search for your property!
Company/Last Name

First Name
PA529 College Savings Program McCord Report Investment Report Resources webinars


Copyright The Pennsylvania Treasury Department. All Rights Reserved | Right To Know | Disclaimer | Site Map | Employee Portal