Illinois State Board of Investment (ISBI)

The Illinois State Board of Investment (ISBI) is a government agency responsible for managing the pension assets of the state employees, public school teachers, and general assembly members. They oversee the investment of these assets in order to maximize returns while minimizing risk.

ISBI was founded in 1989 and has since been dedicated to providing financial security for public employees in Illinois. They operate independently from the state government and are governed by a board of trustees who are tasked with the fiduciary duty of managing these pension assets.

The assets of the fund are managed by the board of directors.