The $12 billion Chicago Teachers' Pension Fund collected proposals this week from potential new private equity investments following the issuance of a search for all qualified MWDBE firms offering a closed-end fund structure.
MWDBE, which stands for Minority-Owned, Women-Owned and Persons with Disabilities Owned Business Enterprise, is an important designation for the pension system, which each month reports on its internal asset allocation benchmarks to such firms across asset classes.
Under consideration are limited partnerships that invest in venture capital, growth, lower middle market buyout, middle market buyout, co-investment, distressed and . . .
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