State of Michigan Retirement System
Overview
State of Michigan Retirement System is a public pension fund that provides retirement, survivor, and disability benefits to Michigan's public employees. Its assets are managed by the Michigan Department of Treasury's Bureau of Investments, which acts as a limited partner in other funds and a direct investor across a diversified range of asset classes.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Lila Sciences | Oct 2025 | Series A Extension | Co-investor |
| HistoSonics | Aug 2025 | Buyout/LBO | Co-investor |
| Valo Health | Nov 2021 | M&A | Co-investor |
| Inari | Jan 2025 | Series G | Co-investor |
| Tarana Wireless | Mar 2022 | Series D | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is State of Michigan Retirement System based?
State of Michigan Retirement System is headquartered in Lansing, Michigan, United States.
When was State of Michigan Retirement System founded?
State of Michigan Retirement System was founded in 1943.
How many portfolio companies does State of Michigan Retirement System have?
State of Michigan Retirement System has 8 portfolio companies in Caplight's dataset.
What are some companies in State of Michigan Retirement System's portfolio?
Portfolio companies visible on Caplight include Lila Sciences, HistoSonics, Valo Health, Inari, Tarana Wireless.
What was State of Michigan Retirement System's most recent investment shown here?
State of Michigan Retirement System's most recent investment in this portfolio sample was in Lila Sciences in 2025.
What sectors does State of Michigan Retirement System focus on?
State of Michigan Retirement System focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Telecommunications & Networking, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Real Estate & PropTech, Enterprise Software.
What company stages does State of Michigan Retirement System focus on?
State of Michigan Retirement System typically invests at the MultiStage stage.