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FUNDRAISING NEWS | October 29, 2024

Chicago Park Employees Retains PineStone for $50M International Equity Mandate

Tags: Pension Funds, Searches, Equities, International Equities

The Park Employees’ Annuity & Benefit Board of Chicago has retained PineStone Asset Management as its international developed market equity manager, according to recently published minutes from its September 19 board meeting.

C Worldwide Asset Management and Causeway Capital Management were also considered for the search after presenting to the board. The selection of PineStone Asset Management for the mandate was recommended by Chicago Park Pension’s investment consultant, Meketa.

As reported by Dakota, the Pension Fund has $394M in managed assets. 

For more public pension insights and a comprehensive library of public plan minutes, book a demo of Dakota Marketplace! New call-to-action

Written By: Dakota

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