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April 04, 2019 01:00 AM

Chicago Metropolitan Water sticks with Marquette as investment consultant

James Comtois
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    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.

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