The Park Employees’ Annuity & Benefit Board of Chicago has selected BH-DG for the Risk Mitigating strategies search.
According to meeting minutes from the February 16 meeting the allocation amount will be determined after the 2023 asset allocation review.
The two other finalists considered for the search included Aspect and Versor.
As of December 31, 2022, the $334 million pension plan allocates 17.6% to risk mitigating strategies while they target 18% to the asset class.
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