LP profile · Pension fund
Lowa Municipal Fire & Police Retirement System
Lowa Municipal Fire & Police Retirement System is a pension fund headquartered in United States (North America). Ranked #217 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
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.
Major Events
- No information available.
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.
Sources
- http://www.mfprsi.org/about-mfprsi/
- https://www.legis.iowa.gov/docs/publications/DF/13520.pdf
- http://www.mfprsi.org/site_media/pdfs/Benefit_Handbook_2.pdf
- https://www.ispaonline.com/en/pension_facts/
- http://www.mfprsi.org/about-mfprsi/investments/asset-allocation/
- https://www.infrastructureinvestor.com/mfprsi-introduces-infrastructure-investment-portfolio/
- https://www.infrastructureinvestor.com/mfprsi-to-slash-infra-allocation/
- http://www.mfprsi.org/about-mfprsi/investments/