NEWS

North Carolina named Ty Powers as investment director

By Muskan Arora

The $127bn North Carolina State Treasurer Department’s investment management division has appointed Ty Powers as its investment director, a newly opened position.

The appointment was announced on March 19 by the Brad Briner, treasurer of the plan.

Powers will oversee the multi-strategy asset class which includes customized partnerships, direct investments and co-investments.


Please Click Here to Register Now!


“Ty will serve a critical role as we continue to re-align our long-term investment objectives, including eliminating our pension deficits,” said Briner, who joined in January.

Prior to joining the system, Powers worked as the director of asset allocation at Investors Trust Co., an investment advisory firm.

Before that, he worked as a portfolio manager in the Treasurer Department’s investment management division with a focus on real assets, multi-strategy and credit.

Powers earned his bachelor’s degree in economics from Washington & Lee University and an MBA with a major in investment management from the University of North Carolina.