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Chicago Policemen considers income generating investments

The US public pension considers backing groups which responded to its RFP.

Chicago Policemen's Annuity & Benefits Fund’s board will hear presentations from Ullico and JP Morgan regarding their infrastructure fund proposals at its next investment committee meeting.

The $2.5 billion US public pension has a 2 percent target allocation to infrastructure that currently stands at 1.5 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.