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FUNDRAISING NEWS | June 27, 2023
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.
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Written By: Dakota
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