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FPIF Rule Making Update
The Audit & Compliance Committee, Elections Committee, and Investments & Operations Committee met on April and reviewed proposed amendments to FPIF rules, which have now been posted for First Public Notice. FPIF invites and encourages public comment on all pending rules. Each proposed rule is considered by the committee responsible for its subject matter. A ... FPIF Rule Making Update
January 31, 2025 Board of Trustees Meeting
The FPIF Board of Trustees held its organizational meeting on January 31, 2025. During the meeting, the Board elected Kevin Bramwell as Chairperson. Chairman Bramwell, an active-duty firefighter with the Bolingbrook Fire Department, has served on the Board since its inception and previously chaired the Investment & Operations Committee. The Board also administered the oath ... January 31, 2025 Board of Trustees Meeting
Participant Trustee Vacancy Announcement
The FPIF Board of Trustees has announced the upcoming vacancy for a Participant Trustee position. Effective January 2, 2025, a vacancy will arise due to an insufficient number of qualifying candidates in the 2024 Participant Trustee election. In accordance with FPIF’s governing statute and board rules, the Board of Trustees is responsible for filling this ... Participant Trustee Vacancy Announcement
2024 Executive Trustee Election Results
The FPIF Election Panel met December 9, 2024 to certify the 2024 Executive Trustee Election results. The election results are as follows: 145….David Pileski (Mayor, Village of Roselle) (certified winner) 144….Michael Troup (Mayor, City of Quincy) (certified winner) 77……Karl Langhammer (Treasurer, Carol Stream Fire Protection District) The trustees will serve a 4-year term beginning January 2, 2025. ... 2024 Executive Trustee Election Results
December 5, 2024 Investments and Operations Committee Meeting
The Investments and Operations Committee met on December 5, 2024, and approved allocations to two Infrastructure Market Non-Core Funds: the Global Infrastructure Partners Fund V and the Stonepeak Partners Fund V. Each fund will receive an allocation of $40 million. FPIF has a target allocation of 4% to infrastructure.
October 11, 2024 Board of Trustees Meeting
The FPIF Board of Trustees convened on October 11, 2024. The meeting included the selection of an Emerging Market Small Cap Equity Manager. The Board approved the selection of State Street Global Advisors. State Street Global Advisors will manage FPIF’s 2% target allocation to emerging market small cap ex-China equity.
Trustee Matthew Kink Re-elected
Participant Trustee Election Update The FPIF Board of Trustees and its staff congratulate Trustee Matthew Kink on his reelection as a Participant Trustee. The FPIF Election Panel has deemed him elected after he qualified for the ballot without opposition. His four-year term will begin on January 2, 2025. Matthew Kink serves as the Board Secretary ... Trustee Matthew Kink Re-elected
Participant Trustee Initial Slate of Candidates
The FPIF Election Panel met on September 18, 2024, to approve the initial Slate of Candidates for the 2024 Participant Trustee Election. FPIF Initial Slate of Candidates 2024 Participant Trustee Election Matthew Kink (Springfield Firefighters’ Pension Fund) Members of the public may review candidate nominating petitions, and eligible individuals can challenge the validity of the petition validation ... Participant Trustee Initial Slate of Candidates
Executive Trustee Election Final Slate of Candidates
The FPIF Election Panel met on August 16, 2024, to approve the final Slate of Candidates for the 2024 Executive Trustee Election. Voters will elect two Executive Trustees to serve four-year terms on December 2, 2024. FPIF Final Slate of Candidates 2024 Executive Trustee Election Karl Langhammer (Treasurer, Carol Stream Fire Protection District) David Pileski (Mayor, Village ... Executive Trustee Election Final Slate of Candidates
August 2, 2024 Board Meeting
The FPIF Board of Trustees convened on August 2, 2024. The meeting included a review of the portfolio’s Fiscal Year 2024 performance, adoption of the Fiscal Year 2025 budget, approval of proposed rulemakings, and investment decisions related to the private markets portfolio. Fiscal Year 2024 Investment Performance FPIF’s general investment consultant, Marquette Associates, presented the ... August 2, 2024 Board Meeting
Executive Trustee Election Initial Slate of Candidates
The FPIF Election Panel met on August 1, 2024, to approve the initial Slate of Candidates for the 2024 Executive Trustee Election. Voters will elect two Executive Trustees to serve four-year terms on December 2, 2024. FPIF Initial Slate of Candidates 2024 Executive Trustee Election Karl Langhammer (Treasurer, Carol Stream Fire Protection District) David Pileski ... Executive Trustee Election Initial Slate of Candidates
Executive Trustee Election Update
The candidate application for the Executive Trustee Election is now available on FPIF’s website [link]. Election Details: Voters will elect two Executive Trustees to serve a four-year term that begins January 2, 2025. Election Date: December 2, 2024. Eligibility: Candidates must be a mayor, president, chief executive officer, chief financial officer, or other officer, executive, or department head of a municipality ... Executive Trustee Election Update