# Arlington County Virginia Employees’ Retirement System

Arlington County Virginia Employees’ Retirement System is a Public Pension Fund based in Arlington, United States.

## Overview

- **Organization type:** Public Pension Fund
- **Headquarters:** Arlington, United States
- **Region:** North America
- **Address:** Arlington, VA, United States
- **Founded:** 1953
- **Assets under management:** 3300 (Altss estimate)
- **LinkedIn:** https://www.linkedin.com/company/arlington-county-government

## Regulatory record

- **Reports private funds:** No

## About

The Arlington County Virginia Employees’ Retirement System operates as a public defined-benefit pension plan. Susie Ardeshir was appointed Executive Director and CIO in July 2021. No founding year is recorded in available data. The plan follows a diversified strategy that spans public equities, fixed income and private markets. Confirmed holdings include a $185 million mandate with Neuberger Berman Multi-Sector Fixed Income and a $26 million allocation to Silver Point Capital Fund. Additional commitments cover Peppertree Capital Fund XIII, Peppertree Capital Fund IX and J.F. Lehman & Company Equity Investors V. Geographic exposure centers on the United States. Assets total $3.3 billion. The system maintains memberships in NCPERS and NIRS. It works with service providers including Northern Trust as custodian and Windmark Investment Partners as investment advisor. In April 2025 the plan participated as a panelist at the Institutional Investor Public Funds Roundtable. Governance rests with a Board of Trustees led by President Jonathan C. Kinney. Investment decisions flow through the Executive Director and CIO with support from Assistant Director Randee Stenroos and external consultants.

## Sectors

- Diversified

## People

- Susie Ardeshir — Executive Director / CIO
- Jonathan C. Kinney — President
- Randee Stenroos — Assistant Director

## Questions

### Who runs investment decisions at Arlington County Virginia Employees’ Retirement System?

Susie Ardeshir serves as Executive Director and CIO. She was appointed in July 2021 and oversees portfolio construction with support from Assistant Director Randee Stenroos.

### Does Arlington County Virginia Employees’ Retirement System participate in fund commitments or only direct deals?

The system acts as a limited partner in multiple funds. Holdings include Marcus Partners Fund V, Neuberger Berman Multi-Sector Fixed Income and Silver Point Capital Fund.

### What asset classes appear in the Arlington County Virginia Employees’ Retirement System portfolio?

Public equity positions include NVIDIA, Amazon, Meta and Apple. Alternative holdings cover value-add real estate, multi-sector fixed income and special situations/distressed debt.

### Where does Arlington County Virginia Employees’ Retirement System source external advice?

Windmark Investment Partners serves as investment advisor. Franklin Park Associates provides private equity consulting and Cheiron acts as actuary.

### Which industry groups does Arlington County Virginia Employees’ Retirement System belong to?

The system holds memberships in NCPERS and NIRS.

## Related profiles

- [Arkansas Local Police & Fire Retirement System (LOPFI)](https://altss.com/profile/arkansas-local-police-fire-retirement-system-lopfi)
- [Baden-Badener Pensionskasse](https://altss.com/profile/baden-badener-pensionskasse)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/arlington-county-virginia-employees-retirement-system

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