Lubbock Fire Pension Fund

Lubbock Fire Pension Fund

The Lubbock Fire Pension Fund was established in 1937 to deliver retirement benefits to the city's firefighters. It functions as a public employee retirement system governed by TLFFRA rules and maintains an administrative relationship with the City of Lubbock. The fund deploys capital across public equities, fixed income, private equity, and real estate. Confirmed private equity holdings include commitments to Blackstone Tactical Opportunities Fund II, RCP Fund XV, and RCP Multi Strategy. Real estate exposure includes an interest in American Strategic Value Realty Fund and a recapitalization position in CDK Multi-Family Jefferson Heights. Geographic reach centers on the United States with additional international equity exposure through commingled vehicles. Assets total an estimated $278 million. The fund retains CAPTRUST as investment advisor, Rudd and Wisdom as actuary, and multiple legal counsel including Jackson Walker LLP. It participates in TEXPERS and TLFFRA conferences for governance and investment updates. Governance ties the fund directly to the City of Lubbock as primary funding entity, creating a municipal oversight structure distinct from state-level systems.