List of U.S. states by sovereign wealth funds Article

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Like many countries, several U.S. states have created sovereign wealth funds to finance certain services (typically public education) or to provide general revenue to the state government itself. [1] [2] This article comprises the known such funds and their monetary amounts.

Table

Rank State Funds Assets (US$Billion) Origin
1   Texas Permanent School Fund & Permanent University Fund 55.2 (August 2016) [3] [4] Commodity / Oil & Gas
2   Alaska Alaska Permanent Fund 52.7 (June 2016) [5] Oil
3   New Mexico New Mexico State Investment Council Permanent Funds 20.2 (June 2016) [6] Oil & Gas
4   Wyoming Wyoming Permanent/Endowment Funds 12.6 (March 2017) [7] Minerals
5    North Dakota North Dakota Legacy Fund 3.8 (March 2017) [8] Oil & Gas
6   Alabama Alabama Trust Fund 2.5 (June 2016) [9] Oil & Gas
7   Utah State School Fund 2.0 (March 2015) [10] Public Lands
8   Oregon Oregon Common School Fund 1.4 (December 2016) [11] Public Lands
9   Louisiana Louisiana Education Quality Trust Fund 1.3 (June 2016) [12] Oil & Gas
10   Montana Coal Severance Tax Trust Fund & Public School Trust 1.2 (June 2016) [13] Fossil Fuels / Public Lands

See also

References

  1. ^ Brenna Erford; et al. (2016-06-29). "Louisiana Voters to Decide on Severance Tax-Based Sovereign Wealth Fund". The Pew Charitable Trusts. Retrieved 2017-04-15.
  2. ^ "From Volatile Severance Taxes to Sustained Revenue". The Pew Charitable Trusts. 2016-10-06. Retrieved 2017-04-15.
  3. ^ "Texas Permanent School Fund - Comprehensive Annual Financial Report FY 2016". Texas Education Agency. 2016-12-20. Retrieved 2017-04-15.
  4. ^ "UTIMCO - Assets Under Management" (PDF). The University of Texas Investment Management Company. 2017. Retrieved 2017-04-15.
  5. ^ "ALASKA PERMANENT FUND - FUND FINANCIAL HISTORY & PROJECTIONS" (PDF). Alaska Permanent Fund Corporation. 2017-02-28. Retrieved 2017-04-15.
  6. ^ "Publications & Reports - Dashboard". New Mexico State Investment Council. 2017-03-30. Retrieved 2017-04-15.
  7. ^ Wyoming State Treasurer's Office (2017-03-31). "Wyoming State Investment Portfolio" (PDF). Wyoming State Government. Retrieved 2017-04-15.
  8. ^ Office of the North Dakota State Treasurer (2017-03-30). "North Dakota Government Funds". North Dakota State Government. Retrieved 2017-04-15.
  9. ^ Office of State Treasurer (2017). "Alabama Trust Fund". Alabama State Government. Retrieved 2017-04-15.
  10. ^ Utah State Treasurer (2017). "State School and Institutional Trust Funds". Utah State Government. Retrieved 2017-04-15.
  11. ^ Oregon State Treasury (2017). "Funds Under Management". Oregon State Government. Retrieved 2017-04-15.
  12. ^ Louisiana Department of the Treasury (2016). "Louisiana Education Quality Trust Fund 2016 Annual Report" (PDF). Louisiana State Government. Retrieved 2017-04-15.
  13. ^ "Montana Board of Investments 2016 Annual Report" (PDF). Montana Board of Investments. 2016-12-28. Retrieved 2017-04-15.

External links