Institutional Investors

Chicago Police serve and protect pensions via hedge fund mindset


Sam Kunz relies on a macro outlook to get the job done

By Susan Barreto

The motto at the Chicago Police Department is to “Serve and Protect” and active and retired police officers can only say the same of the mindset at the Chicago Policemen’s Annuity and Benefit Fund, whose staff oversees the administration of $3 billion of their hard earned pension assets.

While there are plenty of reasons to worry about future returns in uncertain markets, chief investment officer Sam Kunz optimistically found plenty of reasons to consider new horizons and potential asset mixes following the results of an asset