While the investment management of the fully funded Wisconsin Retirement System may be more well known, SWIB also manages several other smaller trust funds including the State Investment Fund or the SIF. The SIF is a pool of cash balances of various state and local governmental units created by state statute. In managing the SIF, SWIB works on behalf of local governments to manage approximately $3.5 billion in the Local Government Investment Pool (LGIP). SWIB makes world class investment expertise available to even the smallest municipalities by providing them a safe and liquid investment vehicle. In this episode of The SWIB Podcast, Andrea Ruiz, portfolio manager for the State Investment Fund talks about the role the SIF plays not only for local governments but also the WRS. Andrea will also talk about some of the challenges she and her team have had to navigate in 2023.