Chicago Transit Authority Employees' Retirement Plan

About Chicago Transit Authority Employees' Retirement Plan

Chicago Transit Authority Employees' Retirement Plan is a public pension fund with a portfolio of $1.98 billion as of December 30, 2023, invested in domestic and international equity, fixed income, real estate, private equity, infrastructure and cash. Its returns over 1, 2, 3, 4 and 5 years were 10.6%, 0.2%, 5.7%, 6.2% and 6.1%, against benchmark returns of 9.8%, -0.5%, 4.9%, 5.9% and 6.3% respectively. On December 30, 2023, the private equity portfolio was worth $343.17 million, or 17.3% of the total portfolio, up from $338.11 million on September 30, 2023. It is overweight relative to the 10% target allocation. Private equity returns as of that date for the quarter, 1 year, 3 years, 5 years and 10 years were 8.3%, 15.2%, 15.4% and 12.2%, against benchmark returns of 6.0%, 10.8%, 16.4% and 14.6% respectively. Its private equity investments cover buyouts, fund of funds, mezzanine, metals & mining, private equity growth expansion, mezzanine and venture capital fund strategies across the Americas, Europe, the United States, Canada and Asia. The infrastructure portfolio was valued at $121.55 million as of March 31, 2024. The board of trustees governs the plan's investments, with Mr. Keith Hill as Chairman of the Board of Trustees. Marquette Associates, Gray & Company and The Townsend Group act as LP Consultants.

Real estate mandate

Contacts at Chicago Transit Authority Employees' Retirement Plan