San Antonio Fire and Police Pension Fund

San Antonio Fire and Police Pension Fund

The San Antonio Fire and Police Pension Fund was established in 1919 as a single-employer defined benefit plan. It delivers retirement and related benefits to active and retired safety personnel of the City of San Antonio and their beneficiaries. Gail A. Jensen was appointed Executive Director in February 2026 after Warren Schott retired following 28 years in the role. The fund deploys capital through commitments to private equity, real estate, and infrastructure vehicles. Confirmed holdings include HarbourVest Co-Investment Fund VII, Arlington Capital Partners VII, Charlesbank Equity Fund XI, KKR Global Infrastructure Investors V, and multiple real estate funds such as Kayne Anderson Real Estate Fund VII and EQT Exeter Industrial Value-Add Fund. Geographic exposure centers on the United States with additional positions in global infrastructure and private credit strategies. The plan reported approximately 4,000 professionals and beneficiaries under management. It maintains memberships in TEXPERS, NCPERS, and NAPPA. In April 2024 the fund attended the TEXPERS Annual Conference. Additional service providers include Northern Trust as custodian since 2024 and BDO USA as auditor since 2023. The fund operates under direct oversight by the City of San Antonio as sponsoring employer and maintains a separate relationship with the San Antonio Fire and Police Pensioners Association for retired members. Investment decisions flow through the CIO and board with support from retained consultants rather than an internal direct-deal platform.