The Chicago Teachers’ Pension Fund has approved a $10 million commitment to Farol Asset Management Fund III.
Farol Asset Management is a MWBE firm based out of New York.
General consultant, Callan, assisted with this decision.
As of September 30, 2023, the $11.2 billion Pension Fund has an actual and target allocation to private equity of 9.1% and 5% respectively.
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!
