The Chicago Teachers’ Pension Fund (CTPF) Board of Trustees approved two investment recommendations at the Regular Meeting of the Board of Trustees on August 20, 2020, which was held remotely due to COVID-19.  

The Board approved the exit from the redemption queue for UBS Trumbull Property Fund, and elected to participate in the 25% Fee Discount program.  

CTPF will also invest $30 million to Newport Capital Fund III, a disabled veteran-owned manager. This is a follow-up investment to the Newport fund series and reinvestment in a Minority, Women, Disadvantaged-Owned business Enterprise (MWDBE) manager. 

About CTPF

Established by the Illinois state legislature in 1895, CTPF is celebrating its 125th anniversary in 2020. The $11.0 billion Fund, the oldest in Illinois, manages members' assets and administers benefits. The Fund serves more than 88,000 members and provides pension and health insurance benefits to more than 28,300 annuitants. About 90% of CTPF members, including 83% of annuitants, live in Illinois. CTPF makes $1.4 billion in annual pension payments in Illinois, which help generate $1.98 billion in total economic impact and support more than 13,000 jobs in Illinois.