Irene Frazier
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- Full Name
- Irene Frazier
- Firm
- Employees' Retirement System of the City of St. Petersburg
- Firm Type
- Public pension / defined benefit plan
- Target Company Profile
- Fund commitments rather than direct startup investments; one publicly listed commitment is to Mesirow Financial Private Equity Partnership Fund VIII.
- Sector Focus
- Private equity via fund-of-funds exposure where publicly disclosed.
- Geographic Focus
- United States; St. Petersburg, Florida-based public plan.
- Location
- St. Petersburg, Florida
Background
Public sources did not verify an individual investment role, title, LinkedIn profile, or headshot for Irene Frazier tied to the `stpete.org` contact data. The most supportable investor profile associated with the available domain is the Employees' Retirement System of the City of St. Petersburg, a defined benefit plan for eligible City of St. Petersburg employees.
The Employees' Retirement System is administered through a five-member pension board. The city’s board page states that the board is responsible for the administration, operation, and investments of the Employees' Retirement System; its functions include investing and monitoring pension-fund assets, approving disbursements, acting on benefit claims, adopting operating rules, and preparing required reporting.
The retirement system itself is established in the City of St. Petersburg code. Municode states that the Employees' Retirement System of the City was established to provide retirement allowances, retirement incomes, and death benefits for city employees, and began operation on November 1, 1944.
Investment Thesis & Focus
- The public plan’s investment activity is institutional and fiduciary, not founder-facing seed investing.
- The pension board’s stated responsibilities include “investing and monitoring the assets of the pension fund.”
- Publicly visible private-market exposure is through fund commitments; Private Equity International lists one known commitment to Mesirow Financial Private Equity Partnership Fund VIII.
- Mesirow describes its private equity platform as focused on primary fund investments, secondaries, and co-investments, with primary fund-of-funds exposure diversified by manager, vintage year, sub-asset class, geography, and investment type.
- No public source verified that Irene Frazier personally makes direct seed-stage investments or writes startup checks.
Notable Investments
- Mesirow Financial Private Equity Partnership Fund VIII - Listed by Private Equity International as a known fund commitment of the Employees' Retirement System of the City of St. Petersburg.
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