Chicago Laborers’ Annuity & Benefit Fund is searching for an active emerging markets debt manager to run $30 million.
The $1.4 billion defined benefit plan is seeking a manager that invests in a blended approach using both hard currency and local-currency-denominated issues, the RFP said.
The funding source could not be learned. Michael Walsh, the pension fund’s executive director and chief investment officer, could not be reached by press time for further details.
Investment consultant NEPC is assisting. The RFP is available on NEPC’s website. Proposals are due Nov. 6; a selection date has not been set.
