Illinois Firefighters selects Meketa as investment consultant
Illinois Firefighters' Pension Investment Fund, Lombard, hired Meketa Investment Group as a non-discretionary private markets investment consultant...
Illinois Firefighters' Pension Investment Fund, Lombard, hired Meketa Investment Group as a non-discretionary private markets investment consultant. The $7.2 billion investment fund's board approved the hiring at its meeting on Friday. IFPIF issued an RFP in February for its first private markets consultant to help the fund build out its total 31% target allocation to private markets spread among four asset classes. The asset classes' individual targets allocations are 10% each private equity and real estate, 7% private debt and 4% infrastructure.