# Derek Kreifels Co-founder and twelve-year CEO of the State Financial Officers Foundation (SFOF). Founder and CEO of Prospr Aligned, a new investment-services consulting firm launched 1/7/2025. Former Assistant State Treasurer of Kansas. Former trustee of the Kansas Public Employees Retirement System (KPERS), a $30 billion pension fund. Kreifels is the central organizational figure connecting the nonprofit SFOF network ([[sfof]] [[sfof-state-financial-officer-network]] [[sfof-policy-letter-operation]]) to the for-profit private-sector consulting infrastructure that grew around it. He co-founded SFOF and led the organization for twelve years, then in 2024 launched the Public Fiduciary Network as a coalition of pension trustees and professionals representing more than $3 trillion in assets under management, focused on "protecting state pension funds from ESG (Environmental, Social, and Governance) influences and reaffirming fiduciary responsibilities." In January 2025 he formally launched Prospr Aligned as a for-profit consulting firm offering proxy voting consulting, manager analysis, corporate engagement, and investment-holdings analysis services to institutional investors. The Prospr Aligned press release reached Milligan on 1/7/2025 at 11:24 AM. Milligan's prior organizational relationship with Kreifels is established by Milligan's own status as a past chair of SFOF (per Brady's draft of Milligan's SFOF Spring National Meeting speech). Two past national leaders of the same organization (Kreifels as past CEO, Milligan as past chair) therefore form part of the SFOF alumni network whose private-sector successor structures (Prospr Aligned) target current state financial officers including each other. The firm's services overlap with the Egan-Jones Proxy Services proposal ATRS approved at the 6/2/2025 Board meeting. Whether Kreifels or Prospr Aligned made any direct outreach to Arkansas pension systems is not documented in this batch beyond the press-release distribution to Milligan. ## Evidence > "Prospr Aligned, a new investment services consulting company, today officially launched under the leadership of CEO Derek Kreifels, former CEO of the State Financial Officers Foundation (SFOF) and former Assistant State Treasurer of Kansas." > Prospr Aligned press release, Launching Prospr Aligned.pdf p.1, 1/7/2025 > "Derek Kreifels most recently served as CEO of SFOF which he also co-founded. During his 12-year tenure at SFOF, Kreifels led initiatives to safeguard state pension funds' economic health. He also launched the Public Fiduciary Network in 2024, a coalition with pension trustees and professionals representing over $3 trillion in assets under management, focused on protecting state pension funds from ESG (Environmental, Social, and Governance) influences and reaffirming fiduciary responsibilities." > Prospr Aligned press release, Launching Prospr Aligned.pdf p.2 > "As Assistant State Treasurer of Kansas, Kreifels managed over $21 billion in transactions annually, where he oversaw initiatives like the state's college savings plan and pension investments. He also served as a trustee of the Kansas Public Employees Retirement System (KPERS), a $30 billion pension fund." > Prospr Aligned press release, Launching Prospr Aligned.pdf p.2 > "Investment decisions should prioritize financial returns and long-term stability over political or activist agendas." > Derek Kreifels quoted in Prospr Aligned press release, Launching Prospr Aligned.pdf p.1 ## Cross-References [[prospr-aligned]] firm Kreifels founded and leads [[sfof]] [[oj-oleka]] organization Kreifels co-founded and led for twelve years before Oleka [[dennis-milligan]] past SFOF chair and Prospr Aligned press-release recipient [[sfof-state-financial-officer-network]] [[sfof-policy-letter-operation]] companion concept pages on the SFOF nonprofit network [[auditor-foia-r2-milligan]] source page