Chicago Public School Teachers' Pension & Retirement Fund added Zevenbergen Capital Investments to its watchlist, while removing Leading Edge Investment Advisors and Adelante Capital Management, according to Carmen Heredia-Lopez, chief investment officer.
The $9.7 billion pension fund cited Zevenbergen for performance of its $79.3 million all-cap U.S. equities portfolio. Lisa Foley, Zevenbergen managing director, couldn't be reached for comment.
Leading Edge Investment Advisors runs $94.1 million in international equities, and Adelante Capital Management manages $68.2 million in real estate investment trusts.
Callan Associates, the pension fund's investment consultant, assisted.