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Lowa Municipal Fire & Police Retirement System
Pension fund · Founded 1992 · West Des Moines, United States
Who Lowa Municipal Fire & Police Retirement System is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The Municipal Fire and Police Retirement System of Iowa (MFPRSI) was established by the 1990 General Assembly and became effective on January 1, 1992.
- It was created to consolidate the 87 local police and fire retirement systems that existed in 49 of Iowa's largest cities into a single statewide system.
Source of Capital
- The system is funded by contributions from its members, who are full-time firefighters and police officers, and their employing cities.
- Upon a member's retirement, benefits are paid solely from MFPRSI's assets, not from city accounts.
Allocation Strategy
- The system's Board of Trustees is responsible for reviewing and setting the asset allocation policy, which includes a diversified portfolio of asset classes.
- In the past, the system has considered infrastructure as an asset class, though it has also made adjustments to this allocation.
- The board employs an investment consulting firm to provide advisory services and technical information.
The funds Lowa Municipal Fire & Police Retirement System backs.
Lowa Municipal Fire & Police Retirement System is a limited partner in 77 funds. 11 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How Lowa Municipal Fire & Police Retirement System’s fund book is spread.
The 77 funds Lowa Municipal Fire & Police Retirement System backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 4862%
- Rest of world 2330%
- Europe 68%
United States 48 · China 9 · Hong Kong 6 · Brazil 2
How established those managers are
Managers grouped by how many funds they have raised. 17 emerging (three funds or fewer), 29 established — across the 46 of 77 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Lowa Municipal Fire & Police Retirement System by combined power-law score — North America first, then the nearest worldwide.