Public School Teachers' Pension & Retirement Fund of Chicago

Public School Teachers' Pension & Retirement Fund of Chicago

Public School Teachers' Pension & Retirement Fund of Chicago

Overview
Date Founded

1895

Headquarters

203 North LaSalle Street,Suite 2600,Chicago, IL 60601-1216

Type of Company

Private

Employees (Worldwide)

58

Industries

Pension Funds & Sovereign Wealth
Investment Services & Portfolio Management

Company Description

The Public School Teachers Retirement Fund of Chicago (CTPF) invests across a broad range of asset classes including: (1) large-cap index (2) large-cap core (3) large-cap value (4) large-cap growth (5) mid-cap index (6) mid-cap core (7) small-cap index (8) small-cap value (9) small-cap growth (10) all-cap equity (11) international equity (12) private equity (13) public REITs (14) private real estate (15) infrastructure (16) hedge funds (17) fixed-income index (18) fixed-income core investment grade (19) fixed-income opportunistic and (2) cash equivalents.CTPF's asset allocation policy targets an allocation of 62.5% of the fund's assets to investments in the public equity sector. To increase diversification benefits while maintaining a core position in equities, approximately 40% of their domestic equity investments are allocated to equity index funds, with the remaining assets allocated to active equity managers. To further improve diversification, CTPF targets a commitment of 9% of the fund's total assets to small-cap equities and 22% to international equities. They strive to invest at least 3.5% of their assets in mid-cap equities, up to 30% in the emerging markets or lesser developed countries, 3% in the private equity sector, 2% in the infrastructure sector, 2% in hedge funds, 2.5% in public REITs, 6.5% in private real estate sector and 19.5% in fixed-income securities. To increase diversification while maintaining a core position in fixed-income securities, 55% to 60% of the fund's domestic fixed-income investments are allocated to bond index funds, with the remaining portion allocated to core investment grade and opportunistic managers. CTPF allocates 2% of the fund's total assets to cash equivalents or short-term fixed-income securities to meet the fund's benefits and expense requirements.

Contact Data
Trying to get in touch with decision makers at Public School Teachers' Pension & Retirement Fund of Chicago? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Interim Executive Director

Chief Financial Officer

Chief Investment Officer

Chief Technology Officer

Chief Legal Officer

Chief Benefits Officer

Director of Administrative Services

Internal Audit Director

Director of Communications

Chief Legal Officer

Board of Trustees

Former Vice President, Operations for the IGH Solutions Division at Taylor Corp.

President & Director at Chicago Public Schools - The Chicago Board of Education

Member, Board of Trustees at Public School Teachers' Pension & Retirement Fund of Chicago

Member, Board of Trustees at Public School Teachers' Pension & Retirement Fund of Chicago

Mathematics Teacher, Lane Tech High School at Chicago Public Schools

Former Financial Secretary at Public School Teachers' Pension & Retirement Fund of Chicago

Member, Board of Trustees at Public School Teachers' Pension & Retirement Fund of Chicago

Member, Board of Trustees at Public School Teachers' Pension & Retirement Fund of Chicago

Member, Board of Trustees at Public School Teachers' Pension & Retirement Fund of Chicago

Member, Board of Trustees at Public School Teachers' Pension & Retirement Fund of Chicago

Paths to Public School Teachers' Pension & Retirement Fund of Chicago
Potential Connections via
Relationship Science
You
Public School Teachers' Pension & Retirement Fund of Chicago
Advisors & Consultants
Auditor

KPMG LLP engages in the provision of audit, tax, and advisory services. It serves the banking and capital markets, building, construction and real estate, consumer and retail, energy, natural resources and chemicals, financial services, government and public sector, healthcare and life sciences, industrial manufacturing, insurance, media and entertainment, private equity, technology, telecommunications, and venture capital industries. The company was founded in 1987 and is headquartered in New York, NY.

Investment Advisor

Walton Street Capital (WSC) seeks to acquire real estate assets that have significant cash flow and the potential for residual value enhancement through targeted capital improvements, tenant lease-up opportunities and improvements in operating efficiencies. The firm employs a value approach that targets the acquisition of real estate assets at a discount to their replacement cost or, in some cases, below their current market value. WSC also makes larger investments of $100 million and up in assets with significant scheduled tenant rollover and/or capital improvement requirements.WSC participates in transactions involving complex ownership situations. They acquire real estate assets which are undervalued due to the complexity or illiquidity of the existing ownership or capital structure. In such situations, the firm seeks to gain control of the asset and prepare the asset for sale, without the prospective risks of bankruptcy, fragmented ownership or property-level issues.The firm also seeks to invest in illiquid structures. The firm looks for passive opportunities to acquire the interests of an entity at a significant discount to the underlying net asset value when the underlying assets are nearing their disposition.Although WSC primarily invests in US assets, they do seek access to opportunities within global markets. The firm accesses these global opportunities through experienced, local partners and operators who have established, long-term relationships within their markets and have access to proprietary transaction flow.In addition, WSC participates in selected land acquisition and development opportunities. The firm seeks to capitalize on an imbalance between the supply and demand of space for a particular property type in specific markets which possess proven barriers to entry.The firm looks for opportunities to capitalize on pricing arbitrage opportunities within and between the public and private markets. They invest in entities that require additional capital to restructure their ownership, recapitalize their portfolios, fund additional acquisitions and to capitalize on the spread between the private net asset value of a public entity's underlying real estate and the public entity's share price.WSC considers private equity platform investments in experienced real estate operators or operating companies that need capital to expand or to develop a significant asset base. The firm seeks to build enterprises that they cannot build efficiently on their own. They invest in assets that have public and/or private exit opportunities and significant upside through the consolidation of a fragmented asset ownership base and the potential for attractive returns on cost due to an enterprise's leading expertise or specific industry profile.

Investment Advisor

Fortress Investment Group LLC provides investment management services. It specializes in asset-based investment, operations management, mergers and acquisitions, and capital markets. The company was founded by Wesley Robert Edens, Robert I. Kauffman, and Randal Alan Nardone in 1998 and is headquartered in New York, NY.

Former Partner at KPMG LLP

Former Managing Partner at Mitchell & Titus LLP

Senior Vice President & Manager at Callan LLC

Key Stats and Financials As of 2020
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$22.8M
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Public School Teachers' Pension & Retirement Fund of Chicago. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Public School Teachers' Pension & Retirement Fund of Chicago's profile does not indicate a business or promotional relationship of any kind between RelSci and Public School Teachers' Pension & Retirement Fund of Chicago.