Independent Investment Committee

The Independent Investment Committee (IIC) manages investments based on the investment policy and asset allocation approved by the Board of Trustees. The IIC continuously monitors and evaluates performance, and makes determinations regarding the hiring and retention of fund managers.

The IIC was established under RSA 100-A:14-b, on January 1, 2009. The IIC, as originally constituted, consisted of three public members and up to two representatives of the Board of Trustees; legislation enacted in 2019 added an active NHRS member to the IIC as a non-voting committee member. Public members and the active NHRS member are nominated by the Governor and must be approved by the Executive Council. Trustee members are appointed by the chairperson of the Board of Trustees. By law, all IIC members must have “substantial experience in the field of institutional investment or finance.”

IIC Members

	Maureen Kelliher       Chair       Trustee Member
	Timothy Lesko       Trustee Member
	Keith Quinton       Public Member
	Daniel LaPlante       Public Member
	Christine Clinton-Catlin       Public Member
	Michael McMahon       Active NHRS Member