Chicago Park Employees Names Finalists for $50M International Equity Mandate

The Park Employees Annuity & Benefit Board of Chicago selected three finalists seeking to serve as international developed market equity manager at its August board meeting, with the finalists set to present at the September meeting, according to recently published board materials.

As previously reported by Dakota, the Chicago Park Employees pension issued the RFP in May, with Meketa conducting the search. Northern Trust and William Blair currently manage the approximately $50M mandate. 

Chicago Park Employees said it selected PineStone International Equity, C Worldwide Asset Management and Causeway Capital Management as finalists. The firms were expected to present their proposals at the pension’s September 19 meeting.

According to Dakota data, the pension manages approximately $394M in assets.

For more public pension insights and a comprehensive library of public plan minutes, book a demo of Dakota Marketplace!