WRS Performance
Preliminary year-to-date as of 10/31/14
Preliminary returns are estimated, subject to final portfolio and benchmark valuations.
Core  5.7%
Variable  6.3%

Statutes/Guidelines

Wisconsin laws

SWIB was created under section 15.76 of the Wisconsin Statutes, which designates the requirements for the nine-member Board of Trustees that govern SWIB.

The purpose and standards of responsibilities for the Board as manager of the State's trust funds are provided in chapter 25 of the statutes or as a printable PDF copy.

The purpose and standards of responsibilities for the Board as manager of the State's trust funds are provided in the Minority Business Certification Program guidelines.

Open Records

Open records procedure (PDF) provides information for accessing SWIB records. Contact SWIB by email, by mail at PO Box 7842, Madison, WI 53707-7842; by FAX at 608-266-2436 or by calling Vicki Hearing at 608-261-2415.

Investment Guidelines

Investment Guidelines (PDF) provide the general guidelines for the Wisconsin Retirement System portfolio and investment guidelines for the State Investment Fund and other trust funds.

Placement Agent Policy

SWIB has hired StepStone Group to advise SWIB in evaluating investments in the private equity marketplace, and to manage existing investments. SWIB believes that StepStone Group has very comprehensive coverage of the universe of opportunities available to SWIB and, together, SWIB and StepStone Group work to perform all necessary due diligence before SWIB makes any new investments. SWIB recognizes that many private market fund managers use a placement agent to identify sources of capital, which could be located anywhere in the world. SWIB, however, never hires a placement agent to find investments, and SWIB never pays any fees to a placement agent. If, however, SWIB is contacted by a placement agent or a registered lobbyist regarding a potential investment or if a placement agent is otherwise involved in a fund investment, SWIB has a number of institutional controls in place to ensure full reporting of any potential conflicts of interest and to ensure that no SWIB board member or staff person benefits personally from any SWIB investment. All of SWIB’s investments are made within the context of SWIB’s fiduciary responsibility to the funds it manages.

Proxy voting Guidelines

Proxy Voting Guidelines (PDF) provide the general guidelines that govern SWIB’s voting of proxies and corporate governance activities.