Laborers' Annuity & Benefit Fund of Chicago is reviewing a short list of candidates for one international equity, one small-cap value equity, one bond and one equity index manager, said James Capasso Jr., executive director. Becker, Burke is the consultant for the $1.5 billion fund.
Mr. Capasso would not reveal the names of the firms under consideration, how much money will be allocated to each portfolio, or when a final decision will be made. The current asset allocation study is expected to be completed by September, he said.
