Public Safety Personnel Retirement System
State retirement system, based in Arizona, reporting $17B in assets, for 38,570 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 25 Mar 2026, Changed its allocation policy 6 months ago.
20 more people
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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People to know
View all people- Chief Investment OfficerWhy: Chief investment officer: owns the allocation decisionNo route on file yet
Capital path
who backs this record, through what, into what; each name opens its own path- Mark SteedChief Investment Officer
- Mark SteedChief Investment Officer
- Scott McCartyChairman
Relationship network
24 connected entities
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Service provider
- Person
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesState retirement systemShowHide
Allocation policy
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Cash | Cash | 2.0% | reported psprs.com | |||
| Global Private Equity | Private equity | 27.0% | 22% to 30% | 23.6% | -3.4 | reported psprs.com |
| International Public Equity | Public equity | 16.0% | 12% to 20% | 16.4% | +0.4 | reported psprs.com |
| U.S. Public Equity | Public equity | 24.0% | 19% to 29% | 23.4% | -0.6 | reported psprs.com |
- Cash and Cash Equivalents 3.3%
- Core Bonds 8.9%
- Other Assets (Contractual Income) 1.4%
- Diversifying Strategies 6.2%
- Private Credit 16.9%
Consultants and advisers
- Nepc, LLC General consultantthrough Jun 30, 2025 ACFR
- Foster & Foster Actuarythrough Jun 30, 2025 ACFR
- BNY Mellon Custodianthrough Jun 30, 2025 ACFR
Decision makers
- Mark Steed · Chief Investment OfficerWhy this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
Who else at this allocator · 1 person, grouped by function
- Scott McCarty · ChairmanWhy this person: Board memberWork email on file (the allocator's own staff page), confirmed 2026-09-30, confidence 90%
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 1 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
People
- Scott McCarty ChairmanBoard chair
+20 more people on the investment staff and board
Every name, title and published role at this allocator, with the page it was read from.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Manager roster
What changed
- Mar 25, 2026Policy updatedPSPRS Board of Trustees (invests directly, also administers CORP/EORP) adopts a policy change: Cancer Insurance Plan asset allocation
- Mar 25, 2026Policy updatedPSPRS Board of Trustees (invests directly, also administers CORP/EORP) adopts a policy change: total fund asset allocation
- Jun 30, 2024Assets changedPublic Safety Personnel Retirement System total assets $14.4B -> $16.6B (+15.3%, 2023-06-30 to 2024-06-30)
- Jun 30, 2023Assets changedPublic Safety Personnel Retirement System total assets $13.2B -> $14.4B (+9.4%, 2022-06-30 to 2023-06-30)
Commitments
Size and funding
Provenance
Provenance
Not yet on record: funded ratio, fund commitments.
Record history
- Policy updated2026-03-25source on record
- Policy updated2026-03-25source on record
- Total assets changed2024-06-30source on record
+1 more change on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+3 connections on the graph
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.