TEXPERS Salutes El Paso for 20-year Returns
TEXPERS recognized the El Paso Firemen and Policemen’s Pension Fund for maintaining its ranking as one of the best in Texas in the closely-watched measure of 20-year investment returns.
TEXPERS Executive Director Max Patterson said, "The El Paso Firemen and Policemen’s Pension Fund has certainly excelled in enhancing the profitability of its members and city sponsor’s contributions. The pension fund’s focus on the long term has made it a trusted steward within El Paso, but it is truly an exemplary system for all of Texas."
Tyler Grossman, executive director of the El Paso Firemen and Policemen's Pension Fund, said, “We take our fiduciary responsibility to the members of our Fund very seriously. One of our most important roles is investing our members’ money wisely. Our returns reflect our robust investment policy which requires balancing risk control and due diligence. This enables us to make sound decisions in the management of the Fund."