Chicago Laborers pension fund chooses 2 hedge funds of funds

Chicago Laborers' Annuity & Benefit Fund hired hedge funds of funds Rock Creek Group and Pluscios Management to run $16 million and $10 million, respectively, according to recently released minutes of the Nov. 20 board meeting.

The hires are a result of a July RFP for women-owned hedge funds of funds.

Investment consultant NEPC assisted the $1.4 billion pension fund.

Aileen Pecora, interim executive director, was not available for additional information.

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