# City of Hollywood Firefighters' Pension Fund

City of Hollywood Firefighters' Pension Fund is a Pension Fund based in Hollywood, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Hollywood, United States
- **Region:** North America
- **Address:** 310 South 62nd Avenue, Hollywood, FL 33023, United States
- **Founded:** 1989
- **Assets under management:** Under $500M (Altss estimate)
- **Website:** hollywoodfl.org

## Regulatory record

- **Reports private funds:** No

## About

Established in 1989, the City of Hollywood Firefighters' Pension Fund covers all full-time firefighters employed by the City of Hollywood, Florida. It was formed through the merger of the City's Firefighters' Supplemental Retirement System into a single pension system. The Board of Trustees includes both mayoral appointees and elected firefighter representatives, with IAFF Local 1375 acting as the bargaining unit for plan members. Alexander Diaz and Jason Rosner have both held the position of board chair in recent years. The fund is a multi-asset investor with a portfolio estimated at roughly $364M. Its real estate sleeve includes commitments to the J.P. Morgan Real Estate Fund, Terra Capital Partners, Fort Lauderdale-based Affiliated Development, and Crescent Real Estate, spanning mixed-use, commercial, and residential properties. The plan also maintains a fixed-income portfolio and has historically shown interest in distressed debt and timber strategies. The fund owns its administrative building at 310 South 62nd Avenue in Hollywood, Florida, reflecting a preference for holding hard assets directly within plan holdings. The fund operates under Florida Statutes Chapter 175, which governs firefighter pension plans and mandates specific funding standards, benefit structures, and board composition. The board includes the fire chief representative — currently Jameel Ziadie — alongside elected firefighter trustees such as Derek Fleischner and David Hernandez. The fund is a member of the Florida Public Pension Trustees Association (FPPTA), the state's primary trustee education and advocacy body. In May 2024, the fund recorded its investment portfolio at $370.2M, up from $338.2M in fiscal year 2023, reflecting a rebound in public equity and fixed-income markets alongside ongoing contributions and real estate distributions. What distinguishes the fund structurally is its direct real-asset ownership model — it purchased and holds the 310 South 62nd Avenue property in its own name, an uncommon arrangement for municipal plans that typically lease administrative space. This, alongside a mix of commingled fund commitments and a niche appetite for distressed credit, gives a small municipal plan an posture closer to a hybrid family office than a conventional local government pension. Succession planning on the board remains driven by the union election cycle and mayoral appointments, with no central CIO role publicly identified.

## Sectors

- Real Estate
- Fixed Income
- Distressed Debt
- Timber

## People

- Alexander Diaz — Chair of the Board of Trustees
- Jason Rosner — Chairman of the Board of Trustees
- Brian Wilkie — Secretary of the Board of Trustees
- Derek Fleischner — Trustee
- David Hernandez — Trustee
- Jameel Ziadie — Fire Chief Representative, Board of Trustees

## Questions

### Who sits on the Board of Trustees and how are they selected?

The board combines mayoral appointees and elected firefighter representatives, as required by Florida Statutes Chapter 175. Alexander Diaz and Jason Rosner have both chaired the board, with Jameel Ziadie serving as the fire chief representative. Firefighter trustees like Derek Fleischner and David Hernandez are elected by the plan membership. This hybrid composition ensures both city oversight and direct union input on investment and benefit decisions.

### How is the fund's investment portfolio structured?

The fund approximately $370M across multiple asset classes as of mid-2024. Publicly documented holdings include real estate fund commitments to J.P. Morgan, Terra Capital Partners, Affiliated Development, and Crescent Real Estate, along with a fixed-income portfolio and distressed debt allocations. The fund also carries a timber allocation, a less common sleeve for municipal firefighter plans, and owns its administrative building outright as a plan asset.

### What is the relationship between this fund and the City of Hollywood?

The City of Hollywood is the plan sponsor, meaning it is the government entity responsible for contributions and overall plan administration. The fund is legally separate, managed by its own board of trustees, and governed by Florida's Chapter 175 firefighter pension statutes. This creates a defined-benefit structure where the city's funding obligations are determined by actuarial valuations, not market returns alone.

## Related profiles

- [Children's Museum of Indianapolis](https://altss.com/profile/children-s-museum-of-indianapolis)
- [City of Chattanooga General Pension Fund](https://altss.com/profile/city-of-chattanooga)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/city-of-hollywood-firefighters-pension-fund

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