Chicago Municipal Employees' Annuity & Benefit Fund hired manager of emerging managers Attucks Asset Management to run a portfolio of about $150 million, said Steve Yoon, investment manager.
The $4.3 billion pension fund issued an RFP in May because the current manager, FIS Group, has been on watch for performance for over a year. The firm did rebid.
Other finalists were Legato Capital Management and Progress Investment Management.
An FIS Group spokeswoman could not immediately provide comment.
