Pension Fund

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Orlando Public Employees' Retirement System

The Orlando Public Employees' Retirement System maintains separate plans for general employees, police, and firefighters. Plans are governed by the Orlando...

Orlando Public Employees' Retirement System logo

Orlando Public Employees' Retirement System

The Orlando Public Employees' Retirement System maintains separate plans for general employees, police, and firefighters. Plans are governed by the Orlando City Council and independent boards of trustees. No founding year is recorded. The system holds positions in real estate vehicles including JP Morgan Strategic Property Fund and Clarion Lion Industrial Trust. Additional commitments run through HarbourVest Partners, Ares Management, and Cortec Group. Allocations also include fixed income and equity mandates with BlackRock, Wellington Management, and RhumbLine Advisers. Geographic exposure centers on the United States with some global private equity exposure. Total assets reached $1.6 billion as of late 2023. The system maintains memberships in the Florida Public Pension Trustees Association and the National Conference on Public Employee Retirement Systems. In May 2024 Michelle McCrimmon spoke at the GFOA Annual Conference on public finance and pension sustainability. Governance flows through the City of Orlando with separate boards for each plan and external advisors including NEPC and Marquette Associates.

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General information

Firm type

Pension Fund

Location

Region

North America

Country

United States

City

Orlando

Corporate office

400 South Orange Avenue, Orlando, FL 32801, United States

Principals

Michelle McCrimmon

Chief Financial Officer and Chair of the Pension Advisory Committee

Buddy Dyer

Mayor and member of the Board of Trustees for the General Employees' Pension Plan

Sector focus

Diversified

Frequently asked questions

Who runs investment decisions at Orlando Public Employees' Retirement System?

Michelle McCrimmon serves as Chief Financial Officer and Chair of the Pension Advisory Committee. Separate boards oversee each of the three plans.

Does Orlando Public Employees' Retirement System participate in fund commitments or only direct deals?

The system invests as a limited partner in funds and commingled vehicles including real estate and private equity funds.

Which sectors does Orlando Public Employees' Retirement System allocate to?

Allocations include real estate, private equity, fixed income, and equity strategies through external managers.

Where does the underlying wealth come from for Orlando Public Employees' Retirement System?

Assets derive from contributions and investment returns supporting defined benefit pensions for City of Orlando employees.

What is Orlando Public Employees' Retirement System's known posture on co-investments alongside external GPs?

No direct co-investment program is disclosed; exposure occurs through fund commitments and limited partner positions.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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