The $54 billion Illinois Municipal Retirement Fund (IMRF) board of trustees has appointed Callan as its new investment consultant and performance measurement services provider, effective Jan. 1, 2025.
Callan will assist IMRF in several ways, including asset allocation, portfolio construction and implementation, sourcing investment managers, and performance measurement.
The contract with Callan is for a five-year term, and the appointment is subject to satisfactory contract negotiations and legal due diligence.
