The State of Wisconsin Investment Board (SWIB), created in 1951, is responsible for managing the assets of the Wisconsin Retirement System (WRS), the State Investment Fund (SIF), and other state trust funds. As of December 31, 2020, SWIB managed more $144 billion in assets.
SWIB Announces the Passing of Its Executive Director/Chief Investment Officer David Villa
The State of Wisconsin Investment Board (SWIB) announced the passing of David Villa, its Executive Director and Chief Investment Officer. Mr. Villa, 66, has been with SWIB since 2006 when he joined as Chief Investment Officer. He was named Executive Director in 2018.
“SWIB and the State of Wisconsin have lost a visionary leader and a devoted public servant,” said David Stein, Chairman of SWIB’s Board of Trustees. “For 15 years, David worked tirelessly to build an organization committed to helping Wisconsin’s public sector employees to retire in dignity.”
Click here for SWIB's full statement.
WELCOME TO SWIB
For the safety of our staff and visitors, SWIB’s office remains closed. Across the organization, SWIB staff continues normal investment and trading operations remotely. We will continue to monitor reports and guidance shared by federal, state, and local officials regarding COVID-19. In the meantime, you can click here for information on how to contact us with any questions. If you are a WRS member and have questions about WRS benefits, click here for information on how to contact the Department of Employee Trust Funds.
As part of SWIB’s strategic plan, we are always working to improve our investment initiatives so we remain well- positioned to continue to provide solid returns with moderate downside protection from volatile markets for the trust funds we manage.
By bringing a disciplined, prudent, and innovative approach to market opportunities, SWIB has been successful in generating respectable returns and maintaining the trust of the beneficiaries and stakeholders of the trust funds it manages.
SWIB is responsible for investing the assets of the WRS and several other trust funds. Please contact us if you have questions regarding investment of the trust funds or investment performance.
BOARD OF TRUSTEES
The SWIB Board of Trustees consists of nine members meeting specific membership requirements and with a fiduciary duty to act solely in the best interest of the funds under management.
WISCONSIN RETIREMENT SYSTEM
For public employees in Wisconsin, SWIB is a unique asset and a valuable partner. Approximately 652,000 participants and 1,500 employers in the WRS rely on SWIB to produce returns that will help provide a strong financial future.