Chicago Firemen's Annuity and Benefit Fund rehired Callan as investment consultant.
The $918 million pension fund's investment committee voted to rehire Callan at its May 14 meeting, recently released meeting minutes show.
The pension fund issued an RFP in January. The other finalists were Marquette Associates and Meketa Investment Group.
The pension fund's target allocation is 35% domestic equities; 25% international equities; 20% fixed income; 4% each global real estate investment trusts, liquid diversifying assets, private equity and real estate; and 2% each commodities and Treasury inflation-protected securities.
Lorna Scott, chief investment officer, could not be immediately reached for further information.