Alaska Retirement Management Board, Juneau, rehired Townsend Group as real estate consultant, said Judy Hall in an e-mail.
The board oversees $25.2 billion in retirement assets, including $21.2 billion in defined benefit plan assets. It had $1.34 billion invested in real estate as of March 31.
An RFP was issued on Feb. 24. The other finalists were ORG Portfolio Management, Real Asset Portfolio Management, Callan Associates and Courtland Partners, Ms. Hall wrote.