Chicago Laborers' Annuity & Benefit Fund rehired Marquette Associates as investment consultant.
The $1.2 billion pension fund’s board approved the rehiring of the firm at its April 6 meeting, said Tina Consola, the pension fund’s executive director, in an email.
The pension fund issued an RFP in February. The other finalists were Meketa Investment Group and RVK, according to the minutes.
As of Dec. 31, the pension fund's actual allocation was 52.3% equities, 18.3% fixed income, 10.8% real estate, 10.6% hedge funds, 4.2% private markets, 2.4% real assets and the rest in cash/other.
