Quarterly Pension Board Meeting 11/18/2025

Jacksonville Beach Retirement System Boards (General, Police, Fire) · November 18, 2025

0:00/2:24

2:24:30

0:00

30:00

1:00:00

1:30:00

2:00:00

2:20:00

Roll call and quorum

2:08 → 2:55(47s)

Clerks called the roll and confirmed a quorum across the three pension boards; members present include Dan Janssen (SEG 001), Christine Hoffman (SEG 003), Brandon Maresma (SEG 005), Eddie Vergara (SEG 006) and others.

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Jacksonville Beach pension boards held their quarterly meeting, heard presentations from three real-estate managers (Principal Asset Management, Stockbridge, TA Realty), discussed private-equity options, and voted to commit $2.5 million collectively to the Stockbridge Smart Markets Fund to address an underweight to real estate amid redemptions from a JPMorgan fund.

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Transcript

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