Tennessee Department of Treasury · David H. Lillard, Jr., State Treasurer

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"We help build a brighter future by investing in the well-being of Tennesseans through exceptional financial leadership, management, service, and education." - Treasurer David H. Lillard, Jr.

Department News and Features

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Tennessee Consolidated Retirement System finishes FY24 with 10.06%... Image of the TCRS official logo

Tennessee Consolidated Retirement System finishes FY24 with 10.06%...

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The Tennessee Consolidated Retirement System wrapped up the 2024 fiscal year with a 10.06% investment return, well exceeding the plan’s 6.75% assumed rate of return.
The annual earnings represent over $6.2 billion in new investment income added to the portfolio in a single year. The TCRS portfolio value stood at $69.4 billion, as of June 30, 2024.

Thomas Kim named Deputy CIO of Treasury Investments Division

Thomas Kim named Deputy CIO of Treasury Investments Division

The Tennessee Department of Treasury has named Thomas Kim as its new Deputy Chief Investment...

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NASHVILLE - The Tennessee Department of Treasury has named Thomas Kim as its new Deputy Chief Investment Officer. Mr. Kim, who has served as Director of Fixed Income since 2015, will now assist Chief Investment Officer Michael Brakebill in leading the Treasury Investments Division, which is responsible for internally managing over $82.2...
State Pooled Investment Fund Hits Historic $12 Billion Mark

State Pooled Investment Fund Hits Historic $12 Billion Mark

State Treasurer David H. Lillard, Jr. announces that for the first time in history, the State Pooled Investment Fund (SPIF) has surpassed a $12...
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