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FUNDRAISING NEWS | November 28, 2023
Tags: Pension Funds, Searches, Fixed Income
The Park Employees’ Annuity & Benefit Board of Chicago has selected Garcia Hamilton & Associates and Loop Capital for a fixed income search, according to materials from the September Retirement Board meeting.
Garcia Hamilton & Associates and Loop Capital were retained as fixed income investment managers in the following capacity: 100% of the Long-Term Government Bonds mandate, 100% of the TIPS mandate and 50% of the Core mandate to Garcia Hamilton & Associates; and 100% of the Short-Term Duration mandate and 50% of the Core mandate to Loop Capital, with the funds for both being allocated from Mackay Shields and LM Capital.
CFI Partners also presented at the meeting for consideration.
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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