DiNapoli to Announce Details of Pension Fund Investment in Sleepy's

New York State Comptroller Thomas P. DiNapoli will announce the details of the recent investment made by the New York State Common Retirement Fund through its In-State Private Equity Program in Hicksville-based Sleepy’s and tour company headquarters on Friday, May 18 at 10:00 a.m.

Sleepy's, the Mattress Professionals, is a privately-owned fourth-generation company with over 800 retail locations in thirteen states spanning from Vermont to Virginia and sales available through sleepys.com. The company was founded in 1957 in Hicksville by Harry Acker and has become America’s leading specialty mattress retailer. Sleepy’s ships more than 3,000 mattresses daily through its seven distribution centers.

The New York State Common Retirement Fund’s In-State Private Equity Program partners with private equity managers who seek to invest in companies in New York State that require capital for growth or to refinance ownership. The program targets investment of state funds in the New York state economy. The program has invested $608 million in 218 New York State companies since 2000.

What:      New York State Comptroller Thomas P. DiNapoli press conference with Sleepy’s company officials and investment managers and tour of Sleepy’s Corporate Headquarters

Where:   Sleepy’s Headquarters, 1000 South Oyster Bay Road, Hicksville, New York

When:    10:00 am - 11:00 am, Friday May 18, 2012

Return to Press Release