Local government pension plan · Palm Beach County
Boca Raton General Employees' Pension Plan
Boca Raton, FL · Official site ↗
Not on the main table yet: no document dated in the last 6 months (newest: 2026-03-30); investment consultant not identified in fetched documents.
Investment consultant
Not found in fetched documents
Next meeting
Not found in fetched documents
Custodian
Not found in fetched documents
Coverage
100%
of what this plan publishes
Signal timeline 3
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2025-11-13 IPS_AMENDED auto-approvedThe City of Boca Raton General Employees' Pension Plan Investment Policy Statement shows approval at the November 13, 2025 Board Meeting. Investment Policy... · p.12
CITY OF BOCA RATON GENERAL EMPLOYEES’ PENSION PLAN ________________________________ Approved at the November 13, 2025 Board Meeting
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2025-09-30 TARGET_ALLOCATION_CHANGED · decrease auto-approvedBoca Raton General Employees' Pension Plan reported that in FY 2025 the allocation to convertibles was eliminated. GE Financial... · p.12
In FY 2025, the allocation to convertibles was eliminated and the target for international equity was dropped to 6%.
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2025-04-10 IPS_AMENDED auto-approvedThe Boca Raton General Employees' Pension Plan financial statements disclosed that the Investment Policy Statement, effective December 1, 2012, was revised April 10, 2025. GE Financial... · p.25
The Investment Policy Statement (Policy), effective December 1, 2012, and as revised April 10, 2025,
Target vs actual allocation
| Asset class (as labeled) | Target 2025-09-30 | Range | Actual 2025-09-30 |
|---|---|---|---|
| Mid-cap core equity | 9% | 4–14% | 11% |
| Infrastructure | 5% | 0–8% | 5.3% |
| International equity | 6% | 3–9% | 8.6% |
| Real Estate Investment Trust | 4% | 0–8% | 4.1% |
| Convertibles | 0% | — | — |
| Fixed income (debt) | 21% | 10–50% | 17.5% |
| Real estate direct investments | 9% | 4–14% | 6.1% |
| Private Equity | 3% | 0–10% | 0.8% |
| Private Credit | 10% | 0–10% | 3.6% |
| Cash and equivalents | 1% | 0–10% | 6.8% |
| Real Estate Investment Trusts (REIT's) | 4% | 0–8% | — |
| Cash and cash equivalents | 1% | 0–10% | — |
| Large cap core equity | 32% | 14–40% | 36.2% |
| Total Infrastructure Funds | — | — | 5.2% |
| Total Private Equity | — | — | 0.84% |
| Total Private Credit | — | — | 3.54% |
| Total Real Estate Funds | — | — | 9.93% |
| Total Fixed Income | — | — | 16.72% |
| Total Cash and Short-Term Investments | — | — | 8.94% |
| Total Equity | — | — | 46.41% |
| Total International Equity | — | — | 8.42% |
Source: GE Financial... · p.11
Coverage checklist 100%
| Document | Status |
|---|---|
| Agendas, last 18 months | not published |
| Minutes, last 18 months | not published |
| Investment policy statement (latest) dated 2025-11-13 |
✓ held |
| Quarterly investment report (latest) | not published |
| Actuarial valuation (latest) dated 2025-10-01 |
✓ held |
| Audited financial statements (latest) dated 2024-09-30 |
✓ held |
| F.S. 112.664 disclosure (latest) | not published |
"Not published" means not found on the plan's approved listing pages. "Missing" means listed there but not fetched yet.
Current managers by asset class as of 2025-09-30
| Asset class (as labeled) | Manager | Amount | Status | Source |
|---|---|---|---|---|
| Domestic Equity | Fidelity 500 Index | — | UNKNOWN | GE Financial... · p.12 |
| Fidelity Mid Cap Index | — | ACTIVE | GE Financial... · p.12 | |
| Fixed Income | Richmond Captial Intermediate, Defense | — | ACTIVE | GE Financial... · p.12 |
| Infrastructure | Cohen & Steers Global Infrastructure | — | ACTIVE | GE Financial... · p.12 |
| Lazard Global Listed Infrastructure | — | ACTIVE | GE Financial... · p.12 | |
| International Equity | EUPAC Fund | — | ACTIVE | GE Financial... · p.12 |
| Fidelity International Index | — | ACTIVE | GE Financial... · p.12 | |
| Private Credit | PennantPark Credit Opportunities IV | — | ACTIVE | GE Financial... · p.12 |
| Ironsisdes Parternership Fund II | — | ACTIVE | GE Financial... · p.12 | |
| Private Equity | Ironsides Partnership VI | — | ACTIVE | GE Financial... · p.12 |
| Private Real Estate | JPMCB Special Situation Property | — | ACTIVE | GE Financial... · p.12 |
| TA Realty Core Property Fund | — | ACTIVE | GE Financial... · p.12 | |
| Real Estate Investment Trust | Adelante REIT | — | ACTIVE | GE Financial... · p.12 |
Officers and trustees as printed
| Name | Title | As of | Source |
|---|---|---|---|
| Burgess Chambers | Investment Consultant | 2025-11-13 | Investment Policy... · p.12 |
Names and titles only, exactly as the documents print them. No contact details are stored.
Documents we watch 11
Listing pages: Meetings & Agendas, Retirement Systems, plan page, General Employees Pension Plan Provisions, Pension Plan Policies / Forms / Reports, Pension Benefit Links