Company Profile
The Illinois Firefighters’ Pension Investment Fund (FPIF) was established in 2019 through Illinois Public Act 101-610. Its mission is to consolidate and manage the investment assets of 296 suburban and downstate firefighter pension funds. FPIF completed the transfer of over $7 billion in assets by June 30, 2022, aiming to boost investment performance and reduce costs through centralization.
The fund is governed by a nine-member Board of Trustees, including active and retired firefighters and employer representatives. Operating with full fiduciary responsibility, FPIF prioritizes transparency, accountability, and long-term financial sustainability for its beneficiaries. It works to deliver strong investment returns at competitive costs.
Based in Lombard, Illinois, FPIF has a professional team including an Executive Director, COO, CFO, and investment specialists. Its diversified investment portfolio spans public and private markets, including private equity, real estate, infrastructure, and fixed income. This strategic approach supports its long-term pension obligations.
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