Chicago Teachers' Commits $10M to Venture Capital; Narrowed Core Fixed Income Manager Search

The Chicago Teachers Pension Fund approved a commitment of $10 million to HighVista Venture Capital Fund XIV, according to materials from the August 16th board meeting.

This commitment represents an ongoing relationship for CTPF, having previously committed to HighVista’s Venture Capital Funds XI, XII, XIII. 

Additionally discussed during the meeting, the board has narrowed their Core Fixed Income Manager to four managers, Longfellow, Loop Capital, Merganser, and AFL-CIO. 

As of August 15, 2024, the fund was valued at approximately $6.6 billion.

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