Jacksonville Police and Fire Pension Fund hires RVK

The US public pension selects the investment consultant to manage its non-core real estate portfolio.

Institution: Jacksonville Police and Fire Pension Fund
Headquarters: Jacksonville, United States
AUM: $2.46 billion
Allocation to alternatives: 9.83%

Jacksonville Police and Fire Pension Fund has selected RVK as its non-discretionary consultant for non-core real estate, as mentioned during the pension’s May 2021 board of trustees meeting.

The $2.46 billion US public pension recently added non-core real estate to its private real estate portfolio, as previously reported by PERE.

As illustrated below, the pension currently allocates 9.83 percent of its full investment portfolio to private real estate. Timothy Johnson serves as the pension’s executive director.

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