Tampa Fire & Police Pension

Tampa Fire & Police Pension

The Tampa Fire and Police Pension Fund operates as a defined-benefit plan governed by a nine-member board of trustees drawn from city leadership, police, and fire representatives, including Chairman Jamie Stock and CFO Dennis Rogero. Authorized by Special Acts of the State of Florida, it has served Tampa's first responders since well before the modern institutional-investment era. Investment management is entirely outsourced to Bowen, Hanes & Co. under the direction of Harold 'Jay' Bowen III, a relationship that has lasted more than five decades. The fund holds direct public-equity positions — a 2024 filing confirmed a stake in Wheaton Precious Metals Corp. — as well as a dedicated Master Limited Partnership (MLP) portfolio and a separate Staff Pension Plan. The geographic footprint centers on the United States, with commodities-linked exposure through the Wheaton position extending its reach into Canadian mining assets. Board trustees actively participate in training through the Florida Public Pension Trustees Association (FPPTA) and the National Conference on Public Employee Retirement Systems (NCPERS). The fund does not operate additional offices or adjacent philanthropic vehicles, functioning instead as a focused municipal pension administrator. The fund's structural distinction is the delegation of its entire portfolio to a single external manager for what is believed to be one of the longest continuous pension-manager relationships in the United States. That concentration of authority, overseen by a local-government board, creates a governance profile that few comparable city pension systems share.