In collaboration with its external fund managers, the Indiana Public Retirement System (INPRS) has been actively monitoring and managing its Russian-related investments leading into and throughout the invasion of Ukraine. On Feb. 28, 2022, Indiana Governor Eric J. Holcomb issued Executive Order 22-08 ordering INPRS to promptly report any and all Russian-related investments. INPRS promptly identified and reported $147.4M of known Russian-related investments as of Feb. 28, 2022. Given wide-spread economic and trading restrictions, INPRS has concluded that it is no longer prudent to invest in Russian securities. INPRS will continue collaborating with its investment managers to divest any remaining Russian-related investments as soon as it is prudently possible.
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