December Transfer of Assets

On December 1, 2021, the Firefighters’ Pension Investment Fund (“FPIF”) initiated the transfer of investment assets from 33 firefighter pension funds through its custodian, Northern Trust. Northern Trust has transitioned approximately $550 million in investment assets in December, and FPIF is pleased to announce that the transition is being executed according to plan. To date, FPIF has successfully transferred more than $2.8 billion in investment assets from 157 firefighter pension funds.

FPIF would like to thank the Boards of Trustees of the 33 firefighter pension funds transitioning their investment assets on December 1st. Your assistance helped ensure an efficient and successful transition.