Chicago Transit Pension Seeks Global Macro Hedge Funds

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.

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