The Public School Teachers’ Pension & Retirement Fund of Chicago is searching for infrastructure investment managers.
The $10.9 billion pension fund is looking for a manager to manage up to a $50 million total commitment for global or regional infrastructure, preferably through a commingled fund, according to the RFP.
The Townsend Group, the pension fund’s real assets consultant, is assisting in the search. CTPF is seeking to raise its 2.3 percent allocation to infrastructure closer to its 3 percent target allocation.
The RFP is available on the pension fund’s website, and proposals are due June 19. A decision is expected to be made by Aug. 20.