In a world where many pension funds have been generating near-flat returns, the people managing one Texas public safety fun have done a red hot job.
The Houston Firefighters' Relief and Retirement Fund ranked among the top earners in the annual statistics generated by the Private Equity Growth Capital Council, according to the Houston Chronicle.
Houston's firefighters' fund averaged an impressive 11 percent return over the past decade, making it the seventh-best performer in the study.
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