Chicago MEABF Allocates $30M to Private Credit

The Municipal Employees’ Annuity & Benefit Fund of Chicago approved two commitments totaling $30 million, according to materials from the March 21st Board meeting.

$20 million was committed to Partners Group and $10 million to Angelo Gordon.

Investment consultant, Marquette, assisted with the recommendations.

As of April 30, 2024, the $4.3 billion pension fund allocates approximately 2.2% to private credit with a target of 4%.

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: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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