Chicago Park Employees' Annuity & Benefit Fund is searching for a hedge fund manager to run approximately $20 million, said an RFP posted on the pension fund’s website.
Emerging managers are encouraged to apply, according to the RFP.
Further information on the search could not immediately be learned.
The RFP is available on the $380 million pension fund’s website.
Proposals are due by April 29. A timeline for a hiring decision was not disclosed.
Investment consultant Marquette Associates is assisting.
As of Sept. 30, the pension fund had a 7% hedge fund target.
Dean Niedospial, executive director of the pension fund, could not immediately be reached for additional information by press time.