Board Confirms J.P. Morgan Property Fund Strategy

J.P. Morgan’s Strategic Property Fund and Special Situation Property Fund remain in the Plan’s portfolio as the Board reaffirmed its prior full redemption request for SPF and continued the existing SSPF redemption strategy. The SPF fee credits ended June 30, 2026, while SSPF’s fee credit program continues through December 2027.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

SPF fee credit expired June 30, 2026; SSPF fee credit through December 2027

Renewal date

2027-12-31

Renewal

SPF fee credit program has ended; SSPF fee credit program runs through December 2027. Existing redemption authorizations from 2024 remain in effect with the option to rescind requests if the Board’s outlook changes.

Document type

Minutes

Source document

City Pension Fund for Firefighters and Police Officers in the City of Miami Beach Minutes 984th Board of Trustees Meeting 2026-07-16

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Miami Beach?

J.p. Morgan was awarded this financial services contract by City of Miami Beach, as recorded on July 16, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City Pension Fund for Firefighters and Police Officers in the City of Miami Beach Minutes 984th Board of Trustees Meeting 2026-07-16 (Minutes), dated July 16, 2026 from City of Miami Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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