Jacksonville Retirement Reviews Real Estate & Private Equity Commitment Pacing

The City of Jacksonville Retirement System has reviewed real estate and private equity commitment pacing targets.

According to meeting materials from the January 26 board meeting, RVK recommends $20 million be committed across one to two real estate funds in 2023. 

For private equity, RVK recommends $20 million in new commitments for the year.

The plan is expected to reach real estate target allocation of 5% by 2025 and private equity target allocation of 7% by 2026

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