Chicago Park Commits $15M to Private Equity

The Park Employees’ Annuity & Benefits System of Chicago approved a $15 million commitment to private equity fund Mesirow Fund IX.

The $394 million pension fund has an existing relationship with Mesirow.

As of March 31, the Park Employees’ Annuity & Benefit Fund allocates 5% to private equity with a target of 7%. 

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