# City of Lincoln Police and Fire Pension Fund

City of Lincoln Police and Fire Pension Fund is a Pension Fund based in Lincoln, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Lincoln, United States
- **Region:** North America
- **Address:** Lincoln, NE, United States
- **Founded:** 1947
- **Assets under management:** $250M – $500M (Altss estimate)
- **Website:** lincoln.ne.gov

## Regulatory record

- **Reports private funds:** No

## About

The City of Lincoln Police and Fire Pension Fund serves the sworn officers and firefighters of Nebraska's capital city, operating as a public defined-benefit plan sponsored by the municipal government. Its oversight rests with a board that includes Chairman Guy Pinkman, a retired Fire Captain, alongside city insiders like Finance Director Lyn Heaton and Pension Administrator Barb McIntyre — embedding both plan-member perspective and municipal finance experience directly into governance. The fund allocates across a deliberate mix of growth and income-generating asset classes. Core and value-add private real estate form one leg, spanning mixed-use US properties. A dedicated hedge fund-of-funds portfolio provides public-market alternative exposure, while commitments to venture capital — primarily via generalist fund investments — supply long-duration, high-upside positions. Private credit and real estate debt round out the income sleeve, reflecting a strategy built on fund commitments rather than direct deals or co-investments. Specific underlying managers and portfolio company names are not publicly disclosed by the fund. Performance is measured against the Investment Metrics Public Defined Benefit Pension Plans Peer Group, specifically the $250–$500 million median cohort, giving the fund a clear institutional yardstick. Board members bring operational continuity from city government — Barb McIntyre handles plan administration from the Human Resources department, while Lyn Heaton brings visibility from her post as city Finance Director. Rebecca Ferguson, Vice President at Union Bank and Trust, adds private-sector investment and banking perspective to the boardroom. The fund's structure is defined by its municipal-sponsor constraints and public-meeting transparency requirements. Unlike many similarly sized public plans that consolidate authority with a single CIO, investment decisions are shaped by a board composed of city staff and an external banking executive — a governance architecture that prioritizes continuity with the city's own fiscal oversight over standalone investment-office autonomy.

## Sectors

- Real Estate
- Private Credit
- Hedge Funds
- Venture Capital

## People

- Guy Pinkman — Chairman of the Investment Board
- Barb McIntyre — Human Resources Director and Pension Administrator
- Rebecca Ferguson — Board Member
- Lyn Heaton — Finance Director and Board Member

## Questions

### Who runs investment decisions at the City of Lincoln Police and Fire Pension Fund?

Investment oversight sits with a board chaired by Guy Pinkman, a retired Lincoln Fire Captain. Lyn Heaton, the city's Finance Director, and Rebecca Ferguson, Vice President at Union Bank and Trust, serve as board members. Barb McIntyre administers the plan from the city's Human Resources department, making this a governance structure deeply interwoven with City of Lincoln municipal operations.

### How does the fund allocate across alternative assets?

The fund builds alternative exposure through core and value-add private real estate, a hedge fund-of-funds portfolio, private credit and real estate debt, and venture capital fund commitments. Its posture is limited-partner driven — it does not appear to pursue direct co-investments or SPVs, relying instead on external fund managers for deployment across these strategies.

### How is the City of Lincoln municipal government connected to the pension fund's governance?

The municipal government established and sponsors the fund, and city officials hold key oversight roles. Finance Director Lyn Heaton sits on the board, and Pension Administrator Barb McIntyre operates from within the city's Human Resources department. This integration means the fund's governance cycle runs in parallel with city fiscal calendars and public-meeting disclosure requirements.

## Related profiles

- [City of Lauderhill Firefighters' Retirement System](https://altss.com/profile/city-of-lauderhill-firefighters-retirement-system)
- [City of Marietta (Ga.) Employees Pension Plan](https://altss.com/profile/city-of-marietta-ga-employees-pension-plan)

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

Canonical page: https://altss.com/profile/city-of-lincoln-police-and-fire-pension-fund

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