Chicago Public School Teachers Pension & Retirement Fund is conducting a shortlist search for an active domestic midcap value equity manager to run $108 million. Funding would come from a portfolio run in a similar style by Iridian Asset Management, which was terminated by the $8.8 billion fund. Details were not available by press time; officials at the system and Iridian did not return calls.
Mercer Investment Consulting is assisting. Mercer officials didnt return calls.