Arkansas Local Police & Fire Retirement System (LOPFI)

Arkansas Local Police & Fire Retirement System (LOPFI)

The Arkansas Local Police & Fire Retirement System operates as a public defined-benefit plan. It was established to provide retirement benefits to police and fire personnel employed by Arkansas municipalities. No founding year or wealth-origin details appear in available records. Allocations include limited-partner commitments to Blue Owl Digital Infrastructure Fund III, HPS Specialty Loan Fund V, Silver Lake Partners VII, EnCap Investments, and Riverstone Credit Partners II. Public equity mandates run through State Street Global Advisors, Wellington Management, and Lazard Asset Management. Fixed-income exposure includes Western Asset Management and Loomis Sayles. Geographic reach centers on the United States with some global technology and energy exposure. The system maintains a headquarters building in Little Rock and retains Stephens Inc. as investment advisor, State Street Bank as custodian, and Gabriel, Roeder, Smith & Company as actuary. It holds memberships in the National Conference on Public Employee Retirement Systems and the International Foundation of Employee Benefit Plans. September 2025 board meetings reviewed quarterly investment performance and actuarial valuations. Governance rests with a board of trustees that includes active and retired public-safety representatives alongside municipal appointees. This structure ties investment oversight directly to employer and participant stakeholders.