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Minnesota / Investment Board / Portfolio Manager

Job-title file

Portfolio Manager

Lead staff and operations — set priorities, allocate resources, and oversee program delivery.

6 employees hold this title in Investment Board. Median total compensation for the role is $228,607, above the department median of $125,287.

Employees
6
Role median
$228,607
Agency median
$125,287
Comparison
Above

Record list

Employees with this title

Highest-paid first / page 1

Mercy Ndungu

Portfolio Manager/Investment Board

2025 total comp
$234,114
Sub-department
Private Markets
Base pay
$228,607
Overtime
$0
Other pay
$5,508
Benefits
$0
Total compensation
$234,114
Hire date
2015-02-02
Employment type
Full-Time
Pay grade
15
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

Mercy Ndungu is a Portfolio Manager at Investment Board within Private Markets. Their tenure dates to 2015, about 10 years, working full-time. 2025 total compensation came to $234,114. Union affiliation: Manager.

Nathan Blumenshine

Portfolio Manager/Investment Board

2025 total comp
$228,607
Sub-department
Executive
Base pay
$228,607
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$228,607
Hire date
2014-12-01
Employment type
Full-Time
Pay grade
15
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, Nathan Blumenshine serves as a Portfolio Manager within Executive. They have served since 2014 (about 11 years), working full-time. Their 2025 pay totaled $228,607. Their bargaining unit is Manager.

Aaron Griga

Portfolio Manager/Investment Board

2025 total comp
$228,607
Sub-department
Public Markets
Base pay
$228,607
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$228,607
Hire date
2011-04-04
Employment type
Full-Time
Pay grade
15
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

Aaron Griga works as a Portfolio Manager for Investment Board within Public Markets. Hired in 2011, they have about 14 years of service as a full-time employee. Aaron earned $228,607 in 2025. Union affiliation: Manager.

Daniel Covich

Portfolio Manager/Investment Board

2025 total comp
$228,607
Sub-department
Public Markets
Base pay
$228,607
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$228,607
Hire date
2021-04-05
Employment type
Full-Time
Pay grade
15
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, Daniel Covich serves as a Portfolio Manager within Public Markets. They have served since 2021 (about 4 years), working full-time. Their 2025 pay totaled $228,607. They are represented by Manager.

Jeffrey Weber

Portfolio Manager/Investment Board

2025 total comp
$221,834
Sub-department
Private Markets
Base pay
$216,613
Overtime
$0
Other pay
$5,220
Benefits
$0
Total compensation
$221,834
Hire date
2012-04-30
Employment type
Full-Time
Pay grade
15
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, Jeffrey Weber serves as a Portfolio Manager within Private Markets. Hired in 2012, they have about 13 years of service, working full-time. Their 2025 pay totaled $221,834. Union affiliation: Manager.

Sheila Pechacek

Portfolio Manager/Investment Board

2025 total comp
$217,151
Sub-department
Private Markets & Active Eq
Base pay
$217,151
Overtime
$0
Other pay
$0
Benefits
$0
Total compensation
$217,151
Hire date
2021-05-03
Employment type
Full-Time
Pay grade
15
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

Sheila Pechacek is a Portfolio Manager at Investment Board within Private Markets & Active Eq. Their tenure dates to 2021, about 4 years, working full-time. 2025 total compensation came to $217,151. Their bargaining unit is Manager.