Chicago Teachers’ Pension Boosted Funded Status in Fiscal 2023, but Private Equity Underperforms
secondcityteachers.substack.com
The Chicago Teachers Pension Fund earned 9.1 percent last year, but did not reach its benchmark, according to the website Chief Invesment Officer. The CTPF Annual Comprehensive Financial also reported that its private equity investments had a negative return of 1.1 percent and its investments in real estate was down 4.1 percent.
Chicago Teachers’ Pension Boosted Funded Status in Fiscal 2023, but Private Equity Underperforms
Chicago Teachers’ Pension Boosted Funded…
Chicago Teachers’ Pension Boosted Funded Status in Fiscal 2023, but Private Equity Underperforms
The Chicago Teachers Pension Fund earned 9.1 percent last year, but did not reach its benchmark, according to the website Chief Invesment Officer. The CTPF Annual Comprehensive Financial also reported that its private equity investments had a negative return of 1.1 percent and its investments in real estate was down 4.1 percent.