# Boynton Beach Firefighters' Pension Fund

Boynton Beach Firefighters' Pension Fund is a Pension Fund based in West Palm Beach, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** West Palm Beach, United States
- **Region:** North America
- **Address:** West Palm Beach, FL, United States
- **Founded:** 1958
- **Assets under management:** $191 million (Altss estimate)
- **Website:** bbffp.org

## Regulatory record

- **Reports private funds:** No

## About

Established in 1958 by the City of Boynton Beach, the fund provides defined-benefit pensions to the city's firefighters and officers. A five-member board of trustees — chaired by Jon Raybuck and including long-serving trustee Robert Taylor, who has held his seat since 1999 — oversees investment policy. Fire Chief Hugh Bruder sits as a non-voting ex-officio trustee. The fund allocates across domestic and international equities, bonds, cash equivalents, and a notably concentrated real estate sleeve. The property portfolio includes stakes in the Intercontinental U.S. Real Estate Investment Fund, Harrison Street Core Property Fund, ASB Allegiance Real Estate Fund, and a Principal Real Estate debt vehicle — a mix of mixed-use and commercial assets all within the United States. The fund participates in trustee education and advocacy through active membership in the Florida Public Pension Trustees Association and the National Conference on Public Employee Retirement Systems. With estimated assets of $191 million, the fund operates with a lean governance structure common to municipal firefighter plans. The board has not publicly disclosed any separate investment consultants or outsourced-CIO relationships. Unlike state-level pension giants, this fund's structural differentiator is its closed, single-employer nature: it serves one city department, with no new municipal entrants diluting the risk pool. That narrow base forces a conservative liability-matching posture, visible in the absence of private equity or venture capital from its known holdings.

## Sectors

- Real Estate
- Private Credit

## People

- Jon Raybuck — Chairman, Board of Trustees
- Conner Flechaus — Secretary, Board of Trustees
- Robert Taylor — Trustee
- Tyler Hoffmann — Trustee
- Desirae Patterson — Trustee
- Hugh Bruder — Ex-Officio Trustee (Fire Chief)

## Questions

### Who runs investment decisions at Boynton Beach Firefighters' Pension Fund?

A five-member board of trustees governs the fund. Chairman Jon Raybuck and Secretary Conner Flechaus serve alongside trustees Robert Taylor, Tyler Hoffmann, and Desirae Patterson. Fire Chief Hugh Bruder sits as a non-voting ex-officio member.

### Does the fund invest in private equity or venture capital?

Based on public records of its known holdings, the fund does not appear to allocate to private equity or venture capital. Its alternative exposure is concentrated in core and core-plus real estate funds, alongside traditional public equity and fixed income portfolios.

### What real estate funds is the fund invested in?

Known real estate fund commitments include the Intercontinental U.S. Real Estate Investment Fund (mixed-use), Harrison Street Core Property Fund (commercial), ASB Allegiance Real Estate Fund (commercial), and the Principal Real Estate Debt Fund. All are U.S.-focused vehicles.

### How is the fund's board structured?

The board comprises five trustees: two elected by the firefighters, two appointed by the city, and one fifth member chosen by the other four. The fire chief serves as an ex-officio, non-voting member. This structure is standard for Florida municipal police and fire pension plans.

### Is Boynton Beach Firefighters' Pension Fund part of a larger state system?

No. It is a standalone, single-employer closed plan chartered by the City of Boynton Beach. It is entirely separate from the Florida Retirement System and is not pooled with any other municipal pension assets.

## Related profiles

- [Alexandria (Va.) Supplemental Retirement Plan](https://altss.com/profile/alexandria-va-supplemental-retirement-plan)
- [International Union of Operating Engineers Local 98 Pension Fund](https://altss.com/profile/international-union-of-operating-engineers-local-98-pension-fund)

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

Canonical page: https://altss.com/profile/boynton-beach-firefighters-pension-fund

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