Chicago Teachers’ Pension Fund Supports Illinois-Based Investment Managers

CTPF Trustees focus on investment opportunities that contribute to the growth of the Illinois economy
News

The Chicago Teachers’ Pension Fund (CTPF) submitted its fifteenth annual report on Illinois Economic Opportunity Investments, as provided by PA 096-0753 of the Illinois Pension Code, to the Governor and the General Assembly. As of June 30, 2024, CTPF employed 15 Illinois-based investment managers who managed assets with a market value of $2.3 billion. These assets represented 18.3% of CTPF’s investment portfolio. The Trustees of CTPF adhere to an informal policy of selecting Illinois-based managers, with all other factors being equal, and utilizes investment opportunities to contribute to the growth of the Illinois economy.  

 "CTPF is proud that for more than 15 years, Illinois-managed assets have been a key part of our Fund. We have always been committed to boosting Illinois' economy through our investments, managers, and brokers, and we continue to support economic opportunities in our state,” said Executive Director Carlton W. Lenoir, Sr. 

 The detailed report includes Illinois-based investment manager firms investing on behalf of CTPF, Illinois-based private equity partnerships, portfolio companies and real estate properties in the CTPF portfolio; Illinois-based public equity market value of shares held in CTPF’s portfolio, Illinois-based fixed income market value of shares held in CTPF’s portfolio, domestic equity brokerage commissions paid to Illinois-based brokers/dealers, international equity brokerage commissions paid to Illinois-based brokers/dealers, and fixed income volume traded through Illinois-based brokers/dealers (par value).