CTPF issues RFP for private equity and real assets consultants

The US public pension is seeking a consultant for its private equity and real assets portfolio.

Institution: Chicago Teachers’ Pension Fund
Headquarters: Chicago, US
AUM: $11.80 billion
Allocation to alternatives: 14.10%

Chicago Teachers’ Pension Fund has issued a request for proposal on 12 January 2021, for all qualified professional firms interested in providing general real assets and/or private equity investment consulting services to the system. The current consultant is eligible to compete for the new contract.

The selected firm will provide performance and manager monitoring; performance measurement and reporting; manager research and recommendations; asset allocation and liability studies; and perform manager searches as necessary or requested. These, among other responsibilities, will be conducted on behalf of the $11.8 billion pension, according to the RFP.

The RFP is currently posted on the Chicago Teachers’ Pension Fund website.

As illustrated below, the pension fund has a 4.0 percent allocation to private equity and 10.10 percent to real assets.

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