Pension Fund

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Fairfax County (Va.) Police Retirement System

The Police Retirement System was established to serve sworn officers in Fairfax County. Jeffrey K. Weiler acts as Executive Director across the county's...

Fairfax County (Va.) Police Retirement System logo

Fairfax County (Va.) Police Retirement System

The Police Retirement System was established to serve sworn officers in Fairfax County. Jeffrey K. Weiler acts as Executive Director across the county's retirement plans while Katherine Molnar serves as CIO for the police plan and Richard Barron chairs the board. The portfolio mixes venture capital commitments with real-asset holdings that include secondary real estate funds, a cattle feeding operation, timber, and agriculture. Geographic exposure centers on North America with additional allocations to digital asset strategies. Confirmed holdings include the Morgan Creek Blockchain Opportunities Fund and yield-farming positions in digital tokens. The system participates in the National Conference on Public Employee Retirement Systems and has received the Public Pension Standards Award from the Public Pension Coordinating Council. It maintains co-investment relationships with the Fairfax County Employees' Retirement System and the Uniformed Retirement System. Governance rests with a board of trustees that oversees both investment policy and benefit administration for the defined-benefit plan.

General information

Firm type

Pension Fund

Year founded

1944

Location

Region

North America

Country

United States

City

Fairfax

Corporate office

Fairfax, VA, United States

Principals

Katherine Molnar

Chief Investment Officer

Jeffrey K. Weiler

Executive Director

Richard Barron

Chairman of the Board of Trustees

Sector focus

Venture CapitalReal EstateAgricultureBlockchain

Frequently asked questions

Who runs investment decisions at Fairfax County (Va.) Police Retirement System?

Katherine Molnar serves as Chief Investment Officer for the police plan. Jeffrey K. Weiler acts as Executive Director for the broader Fairfax County Retirement Systems.

Does the system participate in fund commitments or only direct deals?

The system holds positions in venture capital funds and secondary real estate funds. It also maintains direct exposure through a cattle feeding operation and digital asset holdings.

What asset classes appear in the portfolio?

Holdings include venture capital, secondary real estate funds, timber, agriculture, precious metals, natural resources, and blockchain-related vehicles.

How is the system related to other Fairfax County retirement plans?

It co-invests alongside the Fairfax County Employees' Retirement System and the Fairfax County Uniformed Retirement System in alternative assets.

Which industry associations does the system belong to?

Board members and staff participate in the National Conference on Public Employee Retirement Systems. The plan has received the Public Pension Standards Award from the Public Pension Coordinating Council.

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