# Boca Raton Police & Firefighters Retirement System

Boca Raton Police & Firefighters Retirement System is a Pension Fund based in Boca Raton, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Boca Raton, United States
- **Region:** North America
- **Address:** Boca Raton, United States
- **Assets under management:** 541 (Altss estimate)

## About

The Boca Raton Police & Firefighters Retirement System is a public defined-benefit pension plan established to provide retirement income for police officers and firefighters employed by the City of Boca Raton, Florida. The plan is funded through employer contributions from the city, employee payroll deductions, and investment returns. The system's investment portfolio focuses on secondaries and private real estate. Known allocations include placements with Torchlight Investors Fund (commercial real estate, New York), a private real estate fund targeting mixed-use assets, and Blackstone Tactical Opportunities. The fund also maintains exposure to infrastructure-related strategies. Its geographic footprint is primarily US-based, with an emphasis on income-producing real estate. The plan is governed by a Board of Trustees with current chairman Darryl Kingman and vice chairman John Girard. The FPPTA (Florida Public Pension Trustees Association) serves as the board's professional network for continuing education and governance best practices. No dedicated investment team size or office count beyond Boca Raton is publicly documented. As a municipal pension with a focused investment strategy, the fund sources deals primarily through established institutional partnerships rather than proprietary origination.

## Sectors

- Real Estate
- Energy
- Private Equity
- Secondaries

## People

- Darryl Kingman — Chairman of the Board of Trustees
- John Girard — Vice Chairman of the Board of Trustees

## Questions

### How does the fund source deals?

The fund allocates primarily to external funds and managers rather than direct deals. Known positions include secondaries funds and private real estate vehicles, which are accessed through institutional placement agents and consultant recommendations.

### What asset classes does the fund target?

Public records indicate a focus on secondaries and private real estate, with specific investments in commercial property vehicles like Torchlight Investors Fund and Blackstone Tactical Opportunities. Infrastructure is also a targeted segment.

### What governs the fund's investment policies?

As a Florida municipal pension fund, it operates under state statutes for public retirement systems. The FPPTA provides education and governance standards for board trustees. Investment decisions must satisfy prudent-investor rules under Florida law.

## Related profiles

- [Lynn City Public Pension Plan](https://altss.com/profile/lynn-city-public-pension-plan)
- [Navis Wealth Advisors](https://altss.com/profile/navis-wealth-advisors)

---

Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/boca-raton-police-firefighters-retirement-system

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology