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Daytona Beach Police & Fire Pension Fund
The Daytona Beach Police & Fire Pension Fund operates as a public defined-benefit plan serving local police and fire personnel. Trustees include Jay Maher,...
Daytona Beach Police & Fire Pension Fund
The Daytona Beach Police & Fire Pension Fund operates as a public defined-benefit plan serving local police and fire personnel. Trustees include Jay Maher, Michael Rowley, Gregg Gurdak, and Brenda Fischer. The fund participates in the Florida Public Pension Trustees Association and the National Association of Police Organizations. Allocations include commitments to buyout strategies and investment-grade fixed income. The portfolio contains a position in the J.P. Morgan Strategic Property Fund focused on U.S. commercial assets and maintains a dedicated infrastructure sleeve. Geographic exposure centers on the United States with additional holdings that reflect standard public-plan diversification. The four trustees manage day-to-day governance. No additional offices are recorded. The fund belongs to statewide and national pension associations that provide education on benefits and investment practices. Governance follows Florida public-pension statutes that separate investment decisions from city operations through the appointed-trustee structure.
General information
Firm type
Pension Fund
Year founded
1959
Location
Region
North America
Country
United States
City
Daytona Beach
Corporate office
Daytona Beach, FL, United States
Principals
Jay Maher
Police Appointed Trustee
Michael Rowley
Fire Appointed Trustee
Gregg Gurdak
5th Trustee
Brenda Fischer
City Appointed Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at Daytona Beach Police & Fire Pension Fund?
Four trustees oversee decisions: Jay Maher as Police Appointed Trustee, Michael Rowley as Fire Appointed Trustee, Gregg Gurdak as 5th Trustee, and Brenda Fischer as City Appointed Trustee.
Does the fund participate in fund commitments or only direct deals?
The fund holds an allocation to the J.P. Morgan Strategic Property Fund and maintains a separate infrastructure portfolio.
Which asset classes appear in the portfolio?
Holdings include commercial real estate via the J.P. Morgan Strategic Property Fund, infrastructure assets, buyout strategies, and investment-grade fixed income.
Where does the fund source its investment opportunities?
The fund accesses real-estate exposure through established commingled vehicles and participates in industry associations that facilitate pension-specific investment education.
How is the fund related to the City of Daytona Beach?
One trustee position is appointed by the city while the remaining three positions represent police and fire interests under Florida public-pension rules.
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