New hampshire capital limited
You're referring to the New Hampshire Capital Limited Partnership!
The New Hampshire Capital Limited Partnership (NHCLP) is a limited partnership that was established in 1984 to manage the state's pension fund, known as the New Hampshire Retirement System (NHRS). The partnership is responsible for investing the pension fund's assets, which are comprised of contributions from state employees, teachers, and other public employees.
Here are some key facts about the New Hampshire Capital Limited Partnership:
- Investment strategy: NHCLP's investment strategy is focused on generating long-term returns while managing risk. The partnership invests in a diversified portfolio of assets, including stocks, bonds, real estate, and alternative investments.
- Funding source: The partnership's assets are funded by contributions from NHRS members, as well as investment returns and other sources.
- Governance: NHCLP is governed by a board of trustees, which is responsible for overseeing the partnership's investment activities and ensuring that they align with the interests of NHRS members.
- Investment performance: According to the partnership's annual reports, NHCLP has consistently generated strong investment returns over the years, with average annual returns ranging from 7% to 10%.
- Assets under management: As of 2022, NHCLP manages approximately $4.5 billion in assets on behalf of NHRS members.
Overall, the New Hampshire Capital Limited Partnership plays a critical role in managing the state's pension fund and ensuring the financial security of NHRS members.