Chicago LABF Liquidates Nuveen Long-Short Credit

The Laborers’ and Retirement Board Employees’ Annuity and Benefit Fund of Chicago has approved the full liquidation of the Nuveen Long-Short Credit Fund.

Meeting minutes cite liquidity needs and consolidating hedge fund managers as a reason for the liquidation.

The Nuveen account had a market value of approximately $28 million as of March 31, 2023.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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