Investors - JUNE 9, 2015

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Chicago pension fund searches for investment consultant

by Zoë Wolff

The Cook County (Ill.) Annuity & Benefit Fund is searching for a general investment consultant. An RFP is expected to be issued this week.

Callan Associates is the current consultant for the $8.7 billion pension fund; its contract expires Dec. 31, and the consulting firm can rebid.

The selected consultant will work under a five-year contract. Proposals are due July 10, and a selection is expected in the fall.

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