Chicago Park Employees’ Board Finalizes Risk Mitigating Strategies Search

The Park Employees’ Annuity & Benefit Board of Chicago has selected BH-DG for the Risk Mitigating strategies search.

According to meeting minutes from the February 16 meeting the allocation amount will be determined after the 2023 asset allocation review.

The two other finalists considered for the search included Aspect and Versor.

As of December 31, 2022, the $334 million pension plan allocates 17.6% to risk mitigating strategies while they target 18% to the asset class.

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!

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Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.