Connect with us

North Dakota Legacy Fund

United States – North Dakota US$ 4.96 Billion Origin: Oil & Gas

Profile Directories

Sovereign Wealth Funds

Public Funds

Established: 2011
Transparency Rating: 8
View Sovereign Fund Transaction Data
Entity Structure: Fund
Pop Est.: 739,482 – 2014 North Dakota
Wealth Per Capita Est.: US$ 4,327

Fund Details

Related Articles

Strategy & Objectives

Asset Allocation

Fixed Income Managers

Equity Managers

Real Estate Managers

Benchmarks and Returns

Consultants and SPs

Key Executives and People


Main Office

ND Retirement and Investment Office
1930 Burnt Boat Drive
P.O. Box 7100
Bismarck, ND 58507-7100
United States
Tel: 701-328-9885


Governance

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Summary

The North Dakota Legacy Fund is funded by oil tax revenue. The principal and earnings of the legacy fund may not be expended until after June 30, 2017, and an expenditure of principal after that date requires a vote of at least two-thirds of the members elected to each house of the legislative assembly. Not more than fifteen percent of the principal of the legacy fund may be expended during a biennium.


Background on North Dakota Legacy Fund

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]


Historical Assets Under Management – North Dakota Legacy Fund

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

© 2008-2017 Sovereign Wealth Fund Institute. All Rights Reserved. Sovereign Wealth Fund Institute ® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. No affiliation or endorsement, express or implied, is provided by their use. All material subject to strictly enforced copyright laws. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. SWFI is a minority-owned organization.