# City of Cape Coral

City of Cape Coral is a Pension Fund based in Cape Coral, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Cape Coral, United States
- **Region:** North America
- **Address:** Cape Coral, FL, United States
- **Assets under management:** Undisclosed; Altss estimate ~$398M (Altss estimate)
- **Website:** www.capecoral.net
- **LinkedIn:** https://www.linkedin.com/company/city-of-cape-coral

## Regulatory record

- **Reports private funds:** No

## About

The Cape Coral Municipal General Employees Pension Trust Fund functions as the defined-benefit retirement vehicle for general employees of one of Florida's fastest-growing cities. Finance Director Mark Mason serves as an ex-officio board member, while the Board of Trustees, chaired by Jason Chockley and including appointed trustee Sam Mazzotti, oversees fiduciary decisions. The trust deploys capital primarily through a fund-of-funds structure, with known exposures spanning core real estate and secondaries. Its real-asset sleeve includes commitments to the Morgan Stanley Prime Property Fund for institutional commercial holdings and the American Strategic Value Realty Fund for mixed-use assets across the United States. The portfolio also contains a direct farmland allocation, an unusual line item for a municipal plan of this size, alongside standard cash and equivalents managed locally. The geographic footprint remains overwhelmingly domestic, concentrated in US commercial and agricultural markets. The fund operates without disclosing total AUM publicly; Altss estimates the pool at roughly $398M based on available commitment data. Staffing and total professional headcount are not publicly detailed, consistent with smaller municipal plans where day-to-day administration sits within the city's finance department and investment management is outsourced through fund commitments. Museum or operating-business relationships tied to the city have not surfaced, and the trust does not appear to maintain a separate philanthropic subsidiary. Its structural differentiator is an agricultural real-asset exposure — a direct farmland portfolio — inside an otherwise conventional municipal pension allocation. Most similarly sized city plans restrict real assets to REITs or commercial-property funds.

## Sectors

- Real Estate
- Secondaries & Special Situations
- Farmland

## People

- Jason Chockley — Chairman of the Board of Trustees
- Mark Mason — Finance Director and Ex-Officio Board Member
- Sam Mazzotti — Appointed 5th Trustee

## Questions

### What is the fund's approach to real assets?

The trust holds exposures through institutional commingled funds — the Morgan Stanley Prime Property Fund for core commercial real estate and the American Strategic Value Realty Fund for mixed-use assets — and supplements these with a direct farmland portfolio. This blend of indirect institutional and direct agricultural real assets is uncommon for a municipal plan of its scale.

### Does the Cape Coral pension fund invest directly or through intermediaries?

The fund operates primarily through a fund-of-funds structure, allocating capital to commingled vehicles managed by institutional real estate and secondaries managers. The direct farmland portfolio is a notable exception, representing a sleeve where the trust holds underlying assets without an intermediary fund manager.

### How large is the Cape Coral pension plan?

The City of Cape Coral does not publicly disclose total plan AUM. Altss estimates the pool at approximately $398M based on available commitment data from real estate, farmland, secondaries, and cash allocations — placing it in the mid-sized tier of Florida municipal pension plans.

### What professional networks does the Cape Coral pension board participate in?

Trustees are members of the Florida Public Pension Trustees Association, the National Conference on Public Employee Retirement Systems, and the International Foundation of Employee Benefit Plans. These memberships reflect standard continuing-education and peer-networking engagement for a municipal board of this size.

## Related profiles

- [Atrium Health Foundation](https://altss.com/profile/atrium-health-foundation)
- [New York Botanical Garden](https://altss.com/profile/new-york-botanical-garden)

---

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

Canonical page: https://altss.com/profile/city-of-cape-coral

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