After conducting a fixed income search, The Park Employees’ Annuity & Benefit Board of Chicago hired Jefferies for the search.
At the July 20th board meeting, staff discussed the options of the unlevered, one times levered, or two times levered private credit products offered by Jefferies were reviewed and ultimately, the one time levered private credit strategy was selected.
The $338 million Employee Benefits System’s consultant, Keith Beaudoin, from Meketa Investment Group, assisted with the search.
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