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FUNDRAISING NEWS | May 01, 2024
Tags: Pension Funds, Searches, Emerging Markets, Consultants
The Laborers’ & Retirement Board Employees’ Annuity & Benefit Fund of Chicago selected ARGA Investment Management as their new Emerging Market Equity Manager, according to minutes from the March 7th board meeting.
Three other firms were in consideration for the role, including Lazard Asset Management Company LLC, EARNEST Partners, and Driehaus Capital Management LLC. Each firm presented to the board.
As of December 31, 2023, the Annuity & Benefit fund had a market value of $1.07 million.
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: Jane Bailey, Marketing Associate
Jane Bailey is a Marketing Associate at Dakota.
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