The fund promotes from within, appointing Andrew K. Kelsen, the head of alternative investments, to the role.
Tag: Chicago Teachers’ Pension Fund
He leaves the Illinois Teachers’ Retirement System to replace Charles Burbridge, who departed last year.
Key to this, pension official Angela Miller-May tells a US House panel, is requiring a set level of minority and female outside advisers.
The fund is also barred from making any future investments in these industries.
School district is required to pay pension fund $716 million by June 30.