Jacksonville (Fla.) Police & Fire Pension Fund is searching for an investment consultant.
The $2.8 billion pension fund has issued an RFP because the contract with current consultant RVK will expire in December, said Timothy Johnson, executive director. The firm is invited to rebid, he said.
The pension fund’s target allocation is 37% domestic equities, 20% each international equities and fixed income, 10% real estate, 8% private investments and 5% real assets.
The RFP is available on the city’s website. Proposals are due by 4 p.m. EDT on Sept. 25.
