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Chicago Teachers continues to call on Callan as investment consultant


Chicago Teachers continues to call on Callan as investment consultant
Chicago Teachers continues to call on Callan as investment consultant
Pension fund also keeps Meketa, Wilshire on standby for projects
Callan as investment consultant, said Angela Miller-May, chief investment officer.
The $12.5 billion pension fund issued an RFP in January due to the state statutory requirement that the services must be put up for bid every five years, Ms. Miller-May said at the time.
While Callan remains the pension fund s sole ongoing consultant providing general, private equity and real estate investment consulting services, the board voted Thursday to utilize other finalists ....

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Chicago Public School Teachers preps private equity search


Chicago Public School Teachers preps private equity search
Pension fund also commits $105 million to 5 funds
Print
Chicago Public School Teachers’ Pension & Retirement Fund will soon conduct a search for one to three private equity managers to which it plans to commit a total of $20 million in 2021.
The $11.2 billion pension fund s board on Thursday approved a private equity pacing plan for 2021 that includes one RFP to be issued for emerging or minority-, women- or disabled person-owned private equity managers, said Angela Miller-May, chief investment officer.
The timeline for the RFP has yet to be determined, Ms. Miller-May said.
The pacing plan consists of a total of $125 million in private equity commitments for the year. Along with the RFP for a new MWDBE manager, the board approved five commitments totaling $105 million to new funds by existing managers. ....

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