Official State of Rhode Island website

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State of Rhode Island Office of the General Treasurer James A. Diossa, General Treasurer

Ocean State Investment Pool

The Ocean State Investment Pool (OSIP), established by the General Assembly in June 2011 is currently managed by Fidelity Investments. By creating economies of scale, OSIP is designed to provide a competitive cash investment option for Rhode Island municipalities and public agencies. The pool, created by Treasury under the guidance of the Rhode Island State Investment Commission, is a voluntary, safe, liquid, low-cost alternative investment vehicle that should help to improve and grow resources.