Cook County Annuity & Benefit Fund, Chicago, is searching for at least one core-plus fixed-income manager to run up to a total of $340 million, according to an RFP announcement on the $7.6 billion system's website.
The allocation — benchmarked to the Barclays Capital U.S. Aggregate Bond index — is aimed at bringing the system's fixed-income investment up to the system's target allocation of 32%, according to the RFP.
Consultant Callan Associates is assisting.
Neither Daniel R. Degnan, executive director, nor Nickol Hackett, chief investment officer, could be reached for further details.
Information is available on the retirement system's website, www.cookcountypension.com. Proposals are due at noon CDT on Sept. 2.