Chicago MEABF Terminates Fixed Income Manager


According to meeting minutes from the September 21st board meeting, the Municipal Employees Annuity & Benefit Fund of Chicago has terminated opportunistic fixed income manager Crescent Capital. 

Crescent Capital was put on watch in February of 2023 as a result of long term underperformance. 

General consultant, Marquette, assisted with the recommendation. 

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Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.


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