---
title: Chicago FABF Selects Liquid Diversifying Manager
description: Chicago FABF Selects Liquid Diversifying Manager
---

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# [Chicago FABF Selects Liquid Diversifying Manager](https://dakotafunds.com/dakota-funds/fundraising-news/chicago-fabf-selects-liquid-diversifying-manager)

 Written by [Jane Bailey, Marketing Associate](https://dakotafunds.com/dakota-funds/author/jane-bailey-marketing-associate) | January 25, 2024

According to meeting minutes from the December 18th board meeting, the Chicago Firemen’s Annuity & Benefit Fund has selected Capital Fund Management as the Liquid Diversifying manager, concluding the search.

$15 million was allocated to Capital Fund Management SA.

Investment consultant, Callan, assisted with the search.

As of September 30, 2023, the nearly $1 billion pension fund allocates 1.9% to liquid diversifying strategies with a target of 3%.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of [Dakota Marketplace](https://www.dakota.com/dakota-marketplace)!*

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/chicago-fabf-selects-liquid-diversifying-manager)

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