Metropolitan Pier and Exposition Authority, Chicago, rehired Marquette Associates as investment consultant for its $85 million pension plan, $24 million 457 plan and $2 million 401(a) plan.
The authority, which owns and operates Chicago's McCormick Place and associated venues and also owns Navy Pier, issued an RFP in November for a consultant to monitor the plans' investments and make recommendations to the plans' trustees, according to the RFP posted on the authority's website.
The five-year contract was awarded to incumbent Marquette beginning April 29, according to a list of contract awards posted on the authority's website.
As of Sept. 30, the actual allocation of the pension plan, which was frozen to benefit accruals in 2012, was 47.8% domestic equities, 39% fixed income, 11.9% international equities and 1.3% cash.
The 457 and 401(a) plans each have 12 investment options and a target-date fund lineup managed by Vanguard Group.
MPEA officials could not be immediately reached to provide further information.
