The Chicago Firemen’s Annuity & Benefit Fund has hired IFM and Ullico for a search for infrastructure managers.
Recently released minutes from the June 15 meeting state that $15 million will be awarded to each firm.
The search was issued in February 2022. The Fund’s consultant, Callan, assisted with the search.
As of March 31, 2022, the Fund targets a 3% allocation to infrastructure.
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