# City of Miami GESE Trust

City of Miami GESE Trust is a Pension Fund based in Coconut Grove, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Coconut Grove, United States
- **Region:** North America
- **Address:** Coconut Grove, FL, United States
- **Assets under management:** $1.4B to $1.5B (Altss estimate)
- **Website:** gese.org

## Regulatory record

- **Reports private funds:** No

## About

The City of Miami General Employees' and Sanitation Employees' Retirement Trust provides defined benefit pensions for the municipal workforce of Miami, Florida. Governed by a board of trustees chaired by Sean Moy, the fund draws its oversight structure from the city's labor agreements — AFSCME Local 1907 and Council 79 appoint trustees, giving organized labor a direct voice in asset allocation and manager selection. This governance model, common among municipal plans, creates a fiduciary dynamic distinct from corporate or single-family pools. The trust allocates across real estate, private equity, and public markets, with a notable tilt toward direct property ownership. Its real assets include the Rose Gordon Building at 2901 Bridgeport Avenue in Coconut Grove, which serves as the trust's headquarters. Beyond direct holdings, the trust invests through institutional real estate vehicles managed by BlackRock and EII Realty Securities, spanning mixed-use portfolios across the United States. A global private equity portfolio rounds out the alternatives sleeve, though specific fund commitments and vintage years remain undisclosed in public records. The fund's estimated $1.478 billion in assets places it in the mid-tier of Florida municipal pension systems. The Pension Administrator, Edgard Hernandez, handles day-to-day operations, while investment decisions ultimately sit with the board. No recent RFP activity or new manager mandates have been publicly reported in the past 24 months. The structural differentiator here is governance composition. Most pension funds keep investment committees insulated from direct union appointment power; GESE Trust embeds it. This labor-accountable structure can influence everything from emerging manager programs to real estate investment in the Miami metro area, creating a pension architecture that is shaped by the same workforce it serves.

## Sectors

- Real Estate
- Private Equity

## People

- Sean Moy — Chair of the Board of Trustees
- Joe Simmons, Jr. — Vice-Chair of the Board of Trustees
- Edgard Hernandez — Pension Administrator

## Questions

### Who governs the investment decisions at the City of Miami GESE Trust?

A board of trustees governs the trust. Sean Moy serves as Chair and Joe Simmons, Jr. as Vice-Chair. The composition reflects the unionized workforce — AFSCME Local 1907 and Council 79 appoint trustees to the board. The Pension Administrator, Edgard Hernandez, manages day-to-day operations. Investment authority ultimately rests with the full board, a structure common among Florida municipal plans.

### How does the trust allocate its real estate exposure?

The trust holds a mix of direct property and fund investments. Its direct holdings include the Rose Gordon Building at 2901 Bridgeport Avenue in Coconut Grove, which functions as its headquarters. On the fund side, it invests through institutional vehicles managed by BlackRock and EII Realty Securities, both focused on mixed-use portfolios within the United States. The relative weighting between direct holdings and fund commitments is not publicly disclosed.

## Related profiles

- [The Mount Sinai Hospital](https://altss.com/profile/the-mount-sinai-hospital)
- [Silicon Valley Bank](https://altss.com/profile/silicon-valley-bank)

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

Canonical page: https://altss.com/profile/city-of-miami-general-employees-and-sanitation-employees-retirement-trust

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