The board of the Firemen’s Annuity & Benefit Fund of Chicago (FABF), with $1 billion in assets under management, has issued requests for proposals (RFPs) for a Minority, Women and Disadvantaged Business Enterprise (MWDBE) private equity fund, to which it plans to allocate up to $1 million to $3 million.
It has also issued an RFP for a U.S. equity small/mid cap value mandate, to which it plans to commit up to $25 million, according to the RFPs.
Regarding the MWDBE private equity fund . . .
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