Anchorage (Alaska) Police and Fire Retirement System is searching for an investment consultant.
The $334 million pension fund issued an RFP because of the upcoming expiration of current consultant RVK’s contract, a spokesperson said. The firm is eligible to rebid, the spokesperson said.
As of Dec. 31, the pension fund’s actual allocation was 35.6% domestic equities, 28.2% domestic fixed income, 22.1% international equities, 12.8% real assets, and 1.3% cash and cash equivalents.
The pension fund’s target allocation is 35% domestic equities, 28% domestic fixed income, 23% international equities, 13% real assets and 1% cash and cash equivalents.
The RFP is available on the pension fund’s website. Proposals are due by 4:30 p.m. Alaska Daylight Time on May 30. A timeline for a selection was not provided.
