New York State Teachers' Retirement System
PENSION · $145.8B · New York
Web research· 2026-07-14
AUM
$145.8B
Strategy focus
Private EquityPrivate CreditReal Estate
Investment profile
Strategy
Private EquityPrivate CreditReal Estate
Contacts
TK
Thomas K. Lee
Executive Director & Chief Investment Officer
MF
Michael Federici
Managing Director of Fixed Income
DC
David C. Gillan
Managing Director of Real Estate
BU
Binoop Unni
Deputy Managing Director of Public Equities
GJ
Gerald J. Yahoudy II
Managing Director of Private Equity Investments
Asset allocation
11 asset classes · as of 2025-06-30 · ACFR / investment report
Asset classTargetActual
Domestic Equity
33%
32.8%
Domestic Fixed Income
16%
14.8%
International Equity
15%
15.6%
Real Estate Equity
11%
10.4%
Private Equity
9%
9.8%
Real Estate Debt
6%
5.9%
Global Equity
4%
4.5%
Global Bonds
2%
2%
Private Debt
2%
1.9%
High-Yield Bonds
1%
0.9%
Cash Equivalents
1%
1.4%
Provenance