Investment Officer

Carry out the duties of this position in support of the agency's public mission.

16 employees hold this title in Investment Board. Median total compensation for the role is $189,138, above the department median of $125,287.

Employees: 16
Total payroll: $2.6M
Role median: $189,138
Agency median: $125,287
Comparison: Above

What the records show

Role pay distribution

Pay distribution for this role

$38,486$210,913+

Hover a bar for its range; click to filter the list below.

How total compensation varies among the 16 people in this role. Even for one job title, pay differs with seniority, step, overtime, and tenure. Each bar is a pay range; the far-right bar collects the highest earners.

Compare jurisdictions

Investment Officer beyond Minnesota

This role is reported in 2 jurisdictions. In Minnesota, the median of $189,138 ranks #1 of 2. See Investment Officer across all of Minnesota →

Highest-paying jurisdictions for this role

City of Los Angeles

$175,644 · 25

Median total compensation for comparable Investment Officerroles in other jurisdictions. Titles are matched by normalized name across sources, not identical job classification, and pay is not cost-of-living adjusted. Each bar links to that jurisdiction’s page for the role.

Record list

Employees with this title

Page 1

David Velasquez

Investment Officer/Investment Board

2025 total comp

$213,717

Sub-department: Public Markets
Base pay: $213,717
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $213,717
Hire date: 2021-11-22
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2025: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

At Investment Board, David Velasquez serves as a Investment Officer within Public Markets. They have served since 2021 (about 4 years), working full-time. Their 2025 pay totaled $213,717. Their bargaining unit is Manager.

Mercy Ndungu

Investment Officer/Investment Board

2024 total comp

$204,371

Sub-department: Private Markets
Base pay: $199,263
Overtime: $0
Other pay: $5,108
Benefits: $0
Total compensation: $204,371
Hire date: 2015-02-02
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2024: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Mercy Ndungu is a Investment Officer at Investment Board within Private Markets. Hired in 2015, they have about 9 years of service, working full-time. 2024 total compensation came to $204,371. Union affiliation: Manager.

Aaron Griga

Investment Officer/Investment Board

2024 total comp

$202,939

Sub-department: Public Markets
Base pay: $202,939
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $202,939
Hire date: 2011-04-04
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2024: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Aaron Griga is a Investment Officer at Investment Board within Public Markets. Hired in 2011, they have about 13 years of service, working full-time. 2024 total compensation came to $202,939. Union affiliation: Manager.