Chicago Laborers' Annuity & Benefit Fund hired hedge funds of funds Rock Creek Group and Pluscios Management to run $16 million and $10 million, respectively, according to recently released minutes of the Nov. 20 board meeting.
The hires are a result of a July RFP for women-owned hedge funds of funds.
Investment consultant NEPC assisted the $1.4 billion pension fund.
Aileen Pecora, interim executive director, was not available for additional information.