Chicago Municipal Employees' Annuity & Benefit Fund rehired Marquette Associates as investment consultant, said Steve Yoon, investment analyst, in an email.
The $4.2 billion pension fund issued an RFP in January because of a city statute that requires the services be put up for bid at least once every five years.
Other finalists were Meketa Investment Group and Pension Consulting Alliance.
The pension fund's target allocation is 27% fixed income, 26% domestic equities, 22% international equities, 10% each hedge funds and real estate, and 5% private equity.
As of Feb. 28, the actual allocation was 26.4% domestic equities, 24.3% fixed income, 22.3% international equities, 10.1% real assets, 10% hedge funds, 4.5% private equity and 2.4% other.