---
title: Chicago MEABF Terminates Fixed Income Manager
description: Chicago MEABF Terminates Fixed Income Manager
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/chicago_ic-4.jpg
---

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# Chicago MEABF Terminates Fixed Income Manager

**Written by: ** Jane Bailey, Marketing Associate 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/chicago_ic-4.jpg)

 

According to meeting minutes from the September 21st board meeting, the Municipal Employees Annuity & Benefit Fund of Chicago has terminated opportunistic fixed income manager Crescent Capital. 

Crescent Capital was put on watch in February of 2023 as a result of long term underperformance. 

General consultant, Marquette, assisted with the recommendation. 

*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)! *

 Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Fixed Income](https://dakotafunds.com/dakota-funds/tag/fixed-income)

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