Iowa Public Employees' Retirement System

The Iowa Public Employees' Retirement System (IPERS) is a public pension fund that provides retirement benefits for Iowa's public employees. Established in 1953, it is the largest public retirement system in Iowa, serving hundreds of thousands of current and former public employees. IPERS manages a multi-billion dollar investment portfolio across various asset classes, including public equities, fixed income, and private equity. While it is not a life sciences company, it acts as a significant institutional investor that may hold positions in healthcare, biotech, and pharmaceutical companies. The system is governed by Iowa law and overseen by a Chief Executive Officer and a Board of Trustees.