For Immediate Release: February 7, 2018
Contact: [email protected]
CONCORD, NH – Christine Clinton of Dublin was recently appointed to the New Hampshire Retirement System (NHRS, the retirement system) Independent Investment Committee (IIC) as a public member.
Clinton was nominated by Governor Chris Sununu for a three-year term and subsequently confirmed by the Executive Council on January 24, 2018. She replaces Patrick O’Donnell, an original member of the IIC who did not seek re-appointment.
Clinton is a principal and co-founder of Bluestone Wealth Management in Keene. Prior to founding Bluestone Wealth Management, she worked as a controller at start-ups in the biopharmaceutical, software, and telecommunications industries. She began her career with Arthur Andersen, working in the high technology practice.
She is a member of the executive committee of Emmanuel Church in Dublin and was a founding member of the ConVal Community Scholarship Foundation.
The five-member IIC manages investments based on the investment policy and asset allocation approved by the NHRS Board of Trustees. The IIC continuously monitors and evaluates performance, and makes determinations regarding the hiring and retention of fund managers. The IIC consists of three public members and two representatives of the Board of Trustees. Public members are nominated by the Governor and must be approved by the Executive Council. Trustee members are appointed by the chairperson of the Board of Trustees. By law, all IIC members must have “substantial experience in the field of institutional investment or finance.” A full list of trustees is available at: https://www.nhrs.org/funding-and-investments/independent-investment-committee
NHRS provides retirement, disability, and death benefits to its eligible members and their beneficiaries. The State of New Hampshire and nearly 470 local government employers participate in NHRS for their employees, teachers, firefighters, and police officers. NHRS has approximately 48,000 active members and 35,000 pension recipients. NHRS administers a defined benefit plan qualified as a tax-exempt entity under sections 401(a) and 501(a) of the Internal Revenue Code.
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