# City of Sioux Falls Pension and Health Care Trust Funds

City of Sioux Falls Pension and Health Care Trust Funds is a Pension Fund based in Sioux Falls, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Sioux Falls, United States
- **Region:** North America
- **Address:** Sioux Falls, SD, United States
- **Assets under management:** Undisclosed
- **Website:** www.siouxfalls.org

## Regulatory record

- **Reports private funds:** No

## About

The City of Sioux Falls Pension and Health Care Trust Funds administers retirement benefits for municipal workers, operating as a dual-board structure with the Employee's Retirement System and the Firefighter's Pension Fund under separate trustee committees. Chair Donn Hill leads the oversight body, with Mark Sivertson, Bennett Kyte, Angeline Lavin, Amy Richardson, Jeremy Krahn, and Kurt Peppel serving on the Employee's Board, while Ryan Cox, Darin Cox, Matt Adamson, and Tyler Stewart govern the Firefighter's Fund. The fund's known commitments target institutional real estate through pooled vehicles. Confirmed holdings include stakes in the Prudential Open Ended Core Real Estate Fund, a mixed-use vehicle, and the Principal Open Ended Value Add Real Estate Fund. The City's pension governance participates in Council of Institutional Investors initiatives, signaling engagement with corporate governance and shareholder-rights debates alongside larger public funds. Specific AUM and aggregate deployment figures are not publicly disclosed, consistent with many municipal plans that report through actuarial filings rather than marketing channels. The dual-board architecture creates separate fiduciary paths for general employees and public-safety personnel — a structural feature common among municipal systems where benefit tiers, funding ratios, and statutory contribution rules diverge by membership class.

## Sectors

- Real Estate

## People

- Donn Hill — Chair of the Board of Trustees
- Mark Sivertson — Board Member, Employee's Retirement System
- Bennett Kyte — Board Member, Employee's Retirement System
- Angeline Lavin — Board Member, Employee's Retirement System
- Amy Richardson — Board Member, Employee's Retirement System
- Jeremy Krahn — Board Member, Employee's Retirement System
- Kurt Peppel — Board Member, Employee's Retirement System
- Ryan Cox — Board Member, Firefighter's Pension Fund
- Darin Cox — Board Member, Firefighter's Pension Fund
- Matt Adamson — Board Member, Firefighter's Pension Fund
- Tyler Stewart — Board Member, Firefighter's Pension Fund

## Questions

### How is the Firefighter's Pension Fund structured relative to the general employee plan?

The Firefighter's Pension Fund operates with a distinct board including Ryan Cox, Darin Cox, Matt Adamson, and Tyler Stewart. This separation reflects statutory requirements for public-safety pensions, which often carry different benefit formulas, contribution rates, and funding schedules than general municipal plans.

### What real estate exposure does the fund maintain?

Known commitments include the Prudential Open Ended Core Real Estate Fund and the Principal Open Ended Value Add Real Estate Fund, both pooled vehicles investing across mixed-use properties. These relationships indicate a preference for core and value-add strategies through institutional fund managers rather than separate accounts or direct property ownership.

### Does the fund disclose its total assets under management?

No. The City of Sioux Falls does not publicly market aggregate AUM figures for its pension trusts. Like many municipal plans, financial details appear in actuarial valuations and annual comprehensive financial reports filed with the city, but are not consolidated into an investor-facing AUM disclosure.

### Does the fund engage in shareholder activism or corporate governance initiatives?

Yes, through its membership in the Council of Institutional Investors. The fund participates in CII meetings and corporate governance initiatives, aligning with the organization's focus on shareholder rights, board accountability, and regulatory advocacy.

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- [City of Sebastian Police Officers' Retirement System](https://altss.com/profile/city-of-sebastian-police-officers-retirement-system)
- [City of South Bend 1925 Police Officers' Pension Plan](https://altss.com/profile/city-of-south-bend-1925-police-officers-pension-plan)

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

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