James Mattingly

James Mattingly is listed by PERE as Director, Real Assets at the Indiana Public Retirement System, with INPRS contact-location data placing him in Indianapolis. INPRS is one of the largest 100 pension funds in the United States and serves members across more than 1,300 public employers. Its official 2026 site lists roughly $50 billion in assets, while a January 20, 2026 INPRS annual-report highlight stated fiduciary net position of $54.9 billion for fiscal year ended June 30, 2025.

Public payroll and market-profile sources show Mattingly held investment roles at INPRS beginning by 2018 and Director of Real Assets from 2020 through at least 2025. Markets Group’s 2025 Elite ALTS Allocators profile says he joined INPRS in 2018 and oversees investment strategy and portfolio construction for real assets, including real estate, infrastructure, private natural resources, and commodities.

His LinkedIn profile lists education at the University of Chicago Booth School of Business from 2008 to 2013 with a concentration in finance and economics, and credentials including CFA charterholder, Indiana CPA, and real estate broker. Markets Group also reports prior roles at Elevance Health, formerly Anthem Insurance, and Eli Lilly and Company, plus teaching derivatives and risk management at Butler University’s Lacy School of Business.

The available public evidence does not verify the stub claim that he is an angel investor, seed investor, or affiliated with WellPoint as a current investing firm. The WellPoint/Anthem connection is best supported as prior corporate-employer history, not as a current venture-investment platform.

• INPRS’s policy frames investment decisions around fiduciary duty, financial risk and return, diversification, liquidity, and long-term funding of retirement obligations.
• The INPRS Investment Policy Statement sets a defined-benefit target allocation of 10% to commodities and 10% to private real assets, each within stated target ranges.
• INPRS’s private-markets program is intended to earn risk-adjusted returns above public markets while reducing volatility through diversification benefits.
• The private-markets program may use limited partnerships, group trusts, LLCs, direct and joint ventures, and co-investments alongside general partners.
• Portfolio construction emphasizes diversification across time/vintage years, sectors or property types, and geography/economic concentrations.
• In an Institutional Investor post, Mattingly described the real-assets approach as adapting to demographic, interest-rate, inflation, technology, and environmental changes, saying INPRS is “limiting property types with negative and uncertain outlooks while increasing allocations to property types with favorable outlooks.”
• INPRS policy explicitly bars investment decisions made for social, environmental, political, or other nonfinancial policy goals unless consistent with fiduciary and legal requirements.