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%. 

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.