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City of Omaha Police & Fire Retirement System (COPFRS)
COPFRS was established as a multi-employer public pension plan for Omaha police officers and firefighters, administered by a Board of Trustees that...
City of Omaha Police & Fire Retirement System (COPFRS)
COPFRS was established as a multi-employer public pension plan for Omaha police officers and firefighters, administered by a Board of Trustees that includes city finance officials and union representatives. The system's investment program combines fixed income, equities, and a growing allocation to alternative assets, with secondaries representing a recurring theme in its private portfolio strategy. The fund targets diversification through partnerships with institutional managers, focusing on private equity, real estate, and alternative credit opportunities. COPFRS has committed to a series of secondaries funds as a means to access liquidity and reposition its alternative portfolio. The system's geographic footprint centers on US markets, with Omaha serving as the operational hub. No audited AUM or total deployment figure has been publicly disclosed by the system. Professional staff include the city finance director acting as a liaison to the board. Adjacent philanthropic or operational vehicles have not been reported. The fund's structural differentiator is its transparent, labor-inclusive governance — the Board of Trustees features both management and union representation, making investment decisions that directly impact the city's public safety workforce.
General information
Firm type
Pension Fund
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Omaha
Corporate office
Omaha, NE, United States
Principals
Stephen Curtiss
Finance Director
John Wells
Trustee
Sector focus
Frequently asked questions
Who makes the investment decisions at COPFRS?
The Board of Trustees, composed of city officials and representatives of the Omaha Police Officers Association and the Omaha Professional Firefighters Association, oversees investment strategy. Stephen Curtiss, Finance Director for the City of Omaha, serves as a key contact for the system. Day-to-day management is handled by city finance staff.
What is the COPFRS investment strategy and asset allocation?
COPFRS operates as a defined-benefit pension plan allocating capital across public equities, fixed income, and alternatives. The system has a notable emphasis on secondaries, having committed to multiple secondary funds to manage its private market exposure. The specific asset allocation is not publicly disclosed.
Is COPFRS a single-family office or a pension fund?
COPFRS is a public pension fund, distinct from a family office. It serves the retirement needs of Omaha police officers and firefighters, with a governance structure that includes both city administrators and union-appointed trustees.
How does COPFRS source deal flow and investment opportunities?
As a public pension fund, COPFRS primarily invests through external fund managers. The system's focus on secondaries suggests it evaluates opportunities through established fund managers offering secondary market access. Direct deal sourcing has not been a public component of its strategy.
Does COPFRS participate in co-investments alongside general partners?
There is no public record of co-investments directly by COPFRS. The system's disclosed activity points to fund commitments rather than sidecar or direct co-investment deals.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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