Virginia Retirement System (VRS) is a privately owned pension plan sponsor. The firm provides its services to employees of Virginia. It manages various retirement plans, military benefit plans, disability programs, and life insurance plans. The firm manages separate client focused equity and fixed income portfolios. It primarily invests in the public equity, fixed income, and alternative investments markets across the globe. The firm invests in growth stocks to create its equity portfolios. For its alternative investments, the firm invests in private equity, real estate, short-term investments.