Jeffrey W. States, state investment officer of the Nebraska Investment Council, Lincoln, is retiring effective Sept. 30, he said in a telephone interview.
Mr. States has been the top investment official of the council, which oversees $21 billion, including $11.5 billion in defined benefit plan assets, since November 2009. Before that, he was chief investment officer of the $7.6 billion Sacramento County (Calif.) Employees' Retirement System.
Mr. States said he has no particular plans for his retirement beyond traveling and perhaps taking on a part-time advisory role or a board role sometime in the future.
The council has posted a job listing for his replacement on the National Association of State Retirement Administrators' website. Mr. States said he believes the council hopes to find a replacement by the Sept. 25 council meeting, and would announce an interim state investment officer if a replacement is not found at that time.
