Wednesday, 25 May 2016
Last updated 26 min ago
May 30 2013 | 10:46am ET
The Chicago Transit Authority Retirement Plan is on the lookout for a global macro hedge fund manager—or managers.
The $1.7 billion pension posted a request for information this week on its Web site. Interested candidates have until June 14 to send in a proposal; finalists will be notified on July 12.
The pension aims to issue a mandate or mandates totaling $5 million to $10 million.
Gray & Co., the plan's investment consultant, is assisting with the search.