Jacksonville (Fla.) City Retirement System rehired Summit Strategies Group as investment consultant, confirmed Joey Greive, chief investment officer.
The $2 billion pension fund issued an RFP in September to test the marketplace. Meketa Investment Group and Pension Consulting Alliance were the other finalists.
Mr. Greive wrote in an e-mail that “the process was a healthy look at the marketplace for investment consultants and resulted in the conclusion that, while great options exist, we are with a firm that fits our needs.”