Investments

The Firefighters’ Pension Investment Fund (“FPIF”) manages assets on behalf of the 296 Illinois’ Article 4 firefighter pension funds.  As a new investment fund responsible for the consolidation and management of municipal firefighter pension assets, FPIF invests in a manner that facilitates transparency, ensures equitable treatment, and focuses on long-term investment outcomes for the benefit of its participants.

The FPIF Board of Trustees adopted its Investment Policy (link) on June 18, 2021.  The Policy includes FPIF’s interim and long-term asset allocations, as well as other guidelines related to the management of the Fund.  FPIF’s Potfolio Officer, Mitchell Green, prepared a summary of the Investment Policy (link).

Investment Performance Reports will be made available on a monthly and quarterly basis.

October 2021 Investment Performance Report

November 2021 Investment Performance Report