On November 1, 2021, the Firefighters’ Pension Investment Fund (“FPIF”) initiated the transfer of investment assets from 49 firefighter pension funds through its custodian, Northern Trust. Northern Trust has transitioned more than $650 million in investment assets in November, and FPIF is pleased to announce that the transition was executed according to plan. To date, FPIF has successfully transferred more than $2.2 billion in investment assets from 124 firefighter pension funds.
FPIF would like to thank the Boards of Trustees of the 50 firefighter pension funds transitioning their investment assets on November 1st. Your assistance helped ensure an efficient and successful transition.