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FUNDRAISING NEWS | February 03, 2025
Tags: Pension Funds, Searches, Infrastructure
The Chicago Metropolitan Water Reclamation District Retirement Fund disclosed that it approved incorporating an infrastructure allocation to its strategic asset mix, per recently released minutes from its December 17, 2024, board meeting.
The pension unanimously voted in favor of the 5% target weight to infrastructure within its current asset allocation structure. In addition, they also issued an RFP seeking proposals from infrastructure managers for both open-end/evergreen and closed-end funds. As reported by Dakota on January 9, Chicago Metro will accept responses to the RFP until February 21 at 3pm Central time, with general consultant Marquette assisting in the search.
As of the latest Dakota data, the Illinois-based utilities pension manages approximately $1.6B in total plan assets.
Written By: Dakota
October 29, 2024
November 15, 2024
January 02, 2025
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