Updated:
City of Alpharetta Pension Trust Fund
The City of Alpharetta's Pension Trust Fund exists to secure retirement benefits for the municipality's employees through a single-employer defined benefit...
City of Alpharetta Pension Trust Fund
The City of Alpharetta's Pension Trust Fund exists to secure retirement benefits for the municipality's employees through a single-employer defined benefit structure. The Pension Board of Trustees, chaired by City Administrator Chris Lagerbloom, exercises fiduciary responsibility over investment policy. Finance Director Thomas G. Harris sits on the board alongside administrative staff including Payroll and Benefits Manager Mark Bennett. Investment policy skews conservative—public records confirm allocations to U.S. Treasuries, government agency debt, corporate bonds, and money market funds. The fund does not publicly disclose equity positions, alternative assets, or private-market commitments. This plain-vanilla fixed-income posture aligns with the liquidity and capital-preservation requirements typical of small municipal pension plans in Georgia. The geographic footprint stays entirely domestic, concentrated in sovereign and investment-grade credit. The plan's administrative team participates in the Georgia Association of Public Pension Trustees, connecting Alpharetta with broader public-pension governance practices across the state. No separate investment staff, outside OCIO relationship, or co-investment activity appears in public disclosures. The board sets and follows investment policy internally, without published consultant mandates. The fund's architecture reflects its municipal DNA—no separate entity, no external manager platform, no philanthropic arm. Governance sits inside city operations, with the City Administrator serving as board chair. This embedded structure means investment decisions flow through public-sector procurement and transparency requirements, making the plan structurally distinct from corporate or Taft-Hartley peers that operate with dedicated investment offices.
General information
Firm type
Pension Fund
Year founded
1858
Location
Region
North America
Country
United States
City
Alpharetta
Corporate office
Alpharetta, GA, United States
Principals
Chris Lagerbloom
City Administrator and Chairman of the Pension Board of Trustees
Thomas G. Harris
Finance Director and Member of the Pension Board of Trustees
Mark Bennett
Payroll & Benefits Manager
Kristen Brown
Office Manager
Frequently asked questions
Who runs investment decisions at the City of Alpharetta's Pension Trust Fund?
Investment decisions are governed by the Pension Board of Trustees. City Administrator Chris Lagerbloom chairs the board, and Finance Director Thomas G. Harris serves as a member. The fund does not employ a dedicated chief investment officer or external investment consultant in its public disclosures.
What assets does the Alpharetta pension fund hold?
Public records indicate the fund holds U.S. Treasuries, government agency debt, corporate bonds, and money market instruments. No equity positions, real estate, private equity, or other alternative investments appear in publicly available information. The portfolio reflects a capital-preservation mandate consistent with small municipal defined benefit plans.
Does Alpharetta's pension fund use an OCIO or external manager platform?
There is no public evidence of an outsourced chief investment officer or external discretionary manager arrangement. The Pension Board retains full fiduciary responsibility and appears to manage investment policy internally through its trustees and city administrative staff.
How is the plan governed relative to the City of Alpharetta?
The pension trust is embedded within city operations—the City Administrator chairs the board, and the Finance Director serves as a trustee. This governance structure means investment policy flows through municipal oversight and public-sector transparency requirements, without the separate legal entity typical of large state or corporate pension systems.
Does the fund co-invest or participate in private fund commitments?
No co-investments, private fund commitments, or alternative asset allocations appear in publicly available information. The disclosed portfolio is limited to fixed-income instruments, consistent with the liquidity needs and statutory constraints of Georgia municipal pension plans.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: