Hedge Fund Focus

Wyoming State Land & Investments Fund

• Website: http://slf-web.state.wy.us/
• Location: 122 W. 25th Street, Herschler Bldg 3rd Floor West, Cheyenne WY 82001
• Phone: +1 307.777.7331
• Regulations:
• Other:

Description From Website:

The Wyoming State Land Trust consists of three assets: State Trust Land, State Trust Minerals and the State Permanent Land Fund. All three assets derive from those lands granted by the federal government to the State of Wyoming at the time of statehood under various acts of the U.S. Congress and accepted and governed under Article 18 of the Wyoming Constitution. The revenues generated by trust lands and minerals are reserved for the exclusive benefit of the beneficiaries designated in the congressional acts. The beneficiaries are the common (public) schools and certain other designated public institutions in Wyoming such as the Wyoming State Hospital. Though some of the original lands have been sold or exchanged, the state owns approximately 3.6 million surfaces acres and 4.2 million mineral acres. Approximately 86% of the surface acres and 84% of the mineral acres are managed for the benefit of the public schools. In addition, there are approximately 9,000 acres of non-trust acquired land within the State allocated to various state agencies that benefit specific institutions and the public.

The Wyoming State Constitution and the Wyoming State Legislature direct the Board of Land Commissioners, consisting of the State’s five elected officials, to manage trust assets for two key purposes consistent with traditional trust principles: (1) long-term growth in value, and (2) optimum, sustainable revenue production. Similar principles guide the allocation of resources as appropriate to administer management practices that will preserve and enhance the value of non-trust acquired and institutional lands. As directed by the Wyoming State Legislature, the State Loan and Investment Board, consisting of the same five elected officials, manage the permanent land funds in accordance the State’s Investment Policy. The State Loan and Investment Board also administers various statutorily created grant and loan programs that provide funding/finance assistance in the form of grants and/or loans to cities, towns, counties, and special districts to finance various projects necessary for the health, safety and general welfare of the residents of Wyoming. The Office of State Lands & Investments is the administrative arm of these Boards and it is the statutory responsibility of the Office of State Lands & Investments to carry out the policy directives and decisions of the Boards.

The organizational structure of Office of State Lands & Investments consists of the Office of the Director and five divisions: Financial Programs and Management Services, Real Estate Management and Farm Loans, Mineral Leasing and Royalty Compliance, Wyoming State Forestry and Information Technology. Collectively, these divisions serve the trust beneficiaries - Wyoming’s school children and state institutions; numerous clients in agriculture, mineral, timber, transportation, communication, public utility, recreation, tourism and other Wyoming industries; local government entities; state and federal agencies; and the resident and non-resident general public.

The functions most important to our agency are: 1) the optimization and diversification of trust asset revenue; 2) the preservation and enhancement of trust asset values for current and future beneficiaries; 3) utilization of forestry assistance programs; and 4) grant and loan program funding utilization and administration.

Agency Mission Statement:

To support the Board of Land Commissioners in applying total asset management principles in order to optimize and diversify trust asset revenue and preserve and enhance trust asset values. To support the State Loan and Investment Board in applying sound investment policies and in optimally utilizing grant and loan program funding in order to strengthen local government infrastructures.

Contribution to Wyoming Quality of Life:

Wyoming School trust assets are managed, preserved and enhanced through responsible stewardship to contribute directly to the economic, social and environmental well being of Wyoming’s public school children, local communities and natural resources.

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