City of Alpharetta's Pension Trust Fund

City Administrator Chris Lagerbloom serves as Chairman of the Pension Board of Trustees, the body that carries fiduciary responsibility for the fund. Finance Director Thomas G. Harris sits on the board and oversees financial administration, while Payroll & Benefits Manager Mark Bennett and Office Manager Kristen Brown support the operational workflow from within the City of Alpharetta's administrative structure.

The fund holds a traditional fixed-income-heavy portfolio: money market instruments, U.S. Treasury securities, obligations of U.S. government agencies, and corporate bonds. No public disclosure points to allocations in real estate, private equity, venture capital, or hedge funds, making it a conservative defined-benefit pool focused on principal preservation and predictable income.

There is no public evidence of direct private-market co-investments, fund commitments, or limited-partnership stakes. The disclosed asset list is limited to liquid, publicly traded fixed-income instruments. If the fund accesses external managers, it has not surfaced in accessible pension-board minutes or investment-policy documents.

The trust is a single-employer plan — meaning it covers only employees of the City of Alpharetta itself. The city contributes directly to the fund alongside mandatory employee contributions, and the Pension Board, composed of named municipal officers, exercises exclusive fiduciary authority over the assets.

Yes. Office Manager Kristen Brown is an active participant in the Georgia Association of Public Pension Trustees, the professional body that provides education and networking for public-pension trustees and administrators across the state. That membership creates a formal channel through which the board accesses governance best practices and peer-plan comparisons.