Chicago Park Employees' Annuity & Benefit Fund plans to issue an RFP for an investment consultant, according to recently released minutes of the $406 million fund's March 15 board meeting.
Marquette Associates is the current consultant. It is not known whether they will be invited to rebid.
The board will handle the search internally.
The board has been discussing issuing an RFP during the last several board meetings. It will be posted on its website. It was not known when the search would be posted.
Dean Niedospial, executive director, did not return a telephone call by press time for additional information.