Institutional Investors People Moves

Chicago Teachers plans two hires


The Chicago Public School Teachers' Pension and Retirement Fund plans to hire a manager of investments and a portfolio manager of private equity and hedge funds.

The $9 billion retirement system is looking for a person to oversee all private equity and hedge fund managers to ensure contractual, compliance, fiduciary and investment responsibilities to the pension fund are being met. The new hire would also oversee and analyse all portfolio valuations and maintain records of all investment managers' transitions, including terminations, new allocations, asset withdrawals and additional allocations.

K2 and Mesirow were initially hired in late 2008 to