LP Profile

City of Boca Raton (Florida) Police & Firefighters' Retirement System

Public Pension FundBoca Raton, United StatesFounded 1973
$500M
Assets Under Management
Boca Raton
Headquarters
Investment Focus

About City of Boca Raton (Florida) Police & Firefighters' Retirement System

The City of Boca Raton (Florida) Police & Firefighters' Retirement System is a public pension fund. Its portfolio stood at $48.58 million on September 30, 2023, spread across private equity, real estate, infrastructure, publicly-traded equities, direct lending, fixed-income securities, and cash. Private equity was valued at $142.76 million on September 30, 2023, which is 29.2% of the total portfolio and up from $82.5 million on June 30, 2023. Of that amount, $61.59 million sits in private debt strategies. The target allocation is 17%, so the portfolio is underweight, though still inside the permitted range of 0% to 30%. Private equity exposure covers buyouts, private debt, funds of funds, co-investments, secondaries, diversified private equity, private equity growth expansion, and venture capital strategies. A commitment has been made to the fund of Siguler Guff & Company. Unfunded commitments were $63.77 million in private equity and $15.22 million in private debt as of September 30, 2023. The board of trustees oversees the fund's investments, and Mr. John Girard is Vice Chairman of that board. Asset Consulting Group acts as LP Consultant.

Preferred Investment Types

BuyoutCo-InvestmentDebt - GeneralDirect LendingPrivate EquityFund of FundsGrowth/ExpansionInfrastructure - GeneralReal Estate - GeneralReal Estate CoreReal Estate Value AddedSecondariesVenture CapitalVenture Capital - Early StageVenture Capital - Later Stage

Preferred Geographies

AmericasAndorraAustriaBay AreaBelgiumConnecticutDC MetroDelawareDistrict of ColumbiaEastern EuropeEuropeFranceGermanyGreat LakesIllinoisIndianaIowaIreland
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FAQ

Frequently asked questions

What type of investor is City of Boca Raton (Florida) Police & Firefighters' Retirement System?

City of Boca Raton (Florida) Police & Firefighters' Retirement System is a public pension fund based in Boca Raton, United States, managing approximately $500M in assets.

Where is City of Boca Raton (Florida) Police & Firefighters' Retirement System headquartered?

City of Boca Raton (Florida) Police & Firefighters' Retirement System is headquartered in Boca Raton, United States.

How much does City of Boca Raton (Florida) Police & Firefighters' Retirement System manage?

City of Boca Raton (Florida) Police & Firefighters' Retirement System manages approximately $500M in assets under management.

When was City of Boca Raton (Florida) Police & Firefighters' Retirement System founded?

City of Boca Raton (Florida) Police & Firefighters' Retirement System was founded in 1973.

What does City of Boca Raton (Florida) Police & Firefighters' Retirement System invest in?

City of Boca Raton (Florida) Police & Firefighters' Retirement System focuses on Buyout, Co-Investment, Debt - General, Direct Lending, Private Equity, Fund of Funds, Growth/Expansion, Infrastructure - General.

How can I contact City of Boca Raton (Florida) Police & Firefighters' Retirement System?

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