Searches and Hires

Chicago Metropolitan Water sticks with Marquette as investment consultant

Chicago Metropolitan Water Reclamation District Retirement Fund rehired Marquette Associates as its investment consultant, confirmed Brian Gillespie, financial analyst, in an email.

The $1.4 billion pension fund issued an RFP on Jan. 2 because its contract with Marquette was set to expire May 31. Meketa Investment Group and NEPC were the other finalists.

The plan has a target allocation of 42% domestic equities, 30% fixed income, 23% international equities and 5% real estate.