Category Archives: news

January 7, 2014
State Treasurer’s Office Enters Custody Agreement with BNY Mellon

  For Immediate Release January 7, 2014 State Treasurer’s Office Enters Custody Agreement with BNY Mellon   COLUMBIA, SC—The South Carolina State Treasurer’s Office has signed an updated custody agreement with Bank of New York Mellon. Bank of New York … Continue reading

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April 24, 2013
Win Dinner With Curt!

Dear Friends, Have you ever dreamed of being a political strategist? Better yet, have you ever dreamed of having dinner with me? (Okay, stop laughing.) Well, here is your chance! I am asking for YOUR help with a new campaign … Continue reading

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April 18, 2013
SC Supreme Court Tosses Out Investment Commission Suit

Below is a statement from South Carolina State Treasurer Curtis Loftis following Wednesday afternoon’s unanimous ruling from the State Supreme Court, which has dismissed the action by the South Carolina Retirement System Investment Commission. “I thank the Supreme Court for … Continue reading

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April 15, 2013
SC Investment Commission Provides Requested Information, Treasurer Loftis to Fund Investment

The State Treasurer’s Office filed its response with the South Carolina Supreme Court this morning advising the Court that the Warburg Pincus investment funding has been authorized based upon the information contained in sworn affidavits supplied by senior officials of … Continue reading

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April 11, 2013
Statement from Treasurer Loftis on Court Filing of April 11

As a fiduciary and custodian of the pension fund, I welcome the action. A court of law is exactly where the Investment Commission should be. The un-elected Investment Commissioners continually refuse to answer questions, lack safeguards to protect the investments … Continue reading

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March 14, 2013
Treasurer Loftis Speaks About Need For Tougher Freedom Of Information Laws

State Treasurer Curtis Loftis spoke with Greenville News Editorial Page Editor Beth Padgett about the need for more open government in South Carolina.   One way to give citizens more information in a timely manner would be to enhance the state’s … Continue reading

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Making Government Open Easier Said Than Done

This week, media outlets across the country are celebrating “Sunshine Week,” a time devoted to the promotion of open government. The cause is noble, and government leaders at all levels should be committed to the goal of daily transparency and … Continue reading

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March 4, 2013
Treasurer Loftis Requests More Pension Fund Fee Disclosures

State Treasurer Curtis M. Loftis, Jr. requested today that approximately $106 million in additional fees paid to hedge fund managers be disclosed by the South Carolina Investment Commission in its annual report and financial statements. Treasurer Loftis sent a letter … Continue reading

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February 28, 2013
Gov. Haley Calls Out Investment Commission Sideshow

I would like to thank Governor Nikki Haley for her support in the ongoing fight for more transparency and accountability for South Carolina’s $26 billion pension fund.  Earlier today, without any public notice, Investment Commission Chairman Reynolds Williams allowed a … Continue reading

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Treasurer Loftis Blasts Investment Commission Stunt

Let me be clear, I firmly reject the Investment Commission’s efforts to silence my public criticism of the commission’s investment practices and itsrepeated refusals for information about the nature of investment practices, investment fees and contracts and other documents related … Continue reading

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