Wednesday, 29 June 2016
Last updated 27 min ago
Jan 3 2013 | 10:28am ET
A Chicago pension fund has hired a pair of women-owned funds of hedge funds.
The $1.4 billion Chicago Laborers' Annuity & Benefit Fund committed $16 million to Rock Creek Group and $10 million to Pluscios Management, Pensions & Investments reports. Consultant NEPC assisted in the search.
The pension has been looking for women-owned funds of funds since issuing a request for proposals in July.