Chicago Park Employees' Annuity & Benefit Fund is searching for opportunistic fixed-income managers.
The $336 million pension fund is searching for opportunistic fixed-income managers to provide diversification within the fixed-income asset class and complement existing core managers, according to an RFP posted on the pension fund's website.
As of Sept. 30, the actual allocation to fixed income was 19.1%, the most recent data available.
The RFP is available on the pension fund's website. Proposals are due at 3 p.m. CDT on June 1. A timeline for a decision was not provided.
Investment consultant Marquette Associates is assisting.
Dean J. Niedospial, executive director, could not be immediately reached for further information.