Orlando Firefighters' Pension Fund

Orlando Firefighters' Pension Fund

The Orlando Firefighters' Pension Fund operates as a municipal retirement system for the city's firefighting personnel. Governance rests with a Board of Trustees chaired by Jason Franklin, with Shannon Hicks serving as Executive Director. The fund participates as a public asset owner within Florida's local-government retirement network and maintains memberships in the Florida Public Pension Trustees Association, the National Association of State Retirement Administrators, and the National Conference on Public Employee Retirement Systems. The fund runs a broad asset-allocation program anchored by domestic and international equities, a fixed-income portfolio, and a share-plan mutual fund. It also pursues exposure through private-market commitments, including positions in TA Realty Associates Fund XII and TA Associates Realty Fund XIV, both vehicles managed by Boston-based TA Realty. A strategy tag emphasizes secondaries, signaling an appetite for acquiring existing limited-partner interests rather than originating primary commitments. Board leadership includes Vice Chair Quincy Schider-Heisel and Secretary Ronald Huguenin. The fund has shown a willingness to engage in active corporate governance; in 2010 it served as lead plaintiff in a class-action lawsuit against J.Crew Group, underscoring a posture that blends fiduciary duty with assertive litigation when portfolio companies are perceived to have harmed shareholder value. No recent organizational changes have been publicly documented. The fund's structural profile reflects a common municipal-pension architecture — a lay board appointed through city governance channels — but stands apart from many similarly sized city plans through its use of a lead-plaintiff litigation tactic and an explicit secondaries allocation, both of which add return drivers not typically associated with plain-vanilla municipal pensions.