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Chicago Housing Authority Employees' Retirement & Trust
Chicago Housing Authority Employees' Retirement & Trust is a public pension fund, established in 1951, that manages retirement benefits for CHA employees.
Chicago Housing Authority Employees' Retirement & Trust
The Chicago Housing Authority Employees' Retirement & Trust was founded in 1951 by the Chicago Housing Authority (CHA) to provide retirement benefits for its employees. The CHA, a municipal agency, created the plan as a defined-benefit structure. Matthew Brewer, Operating Chairman and Interim CEO of CHA, oversees agency operations including the plan. Michael Moran serves as CFO and presenter for the Retirement Plan and Trust. Angela Hurlock took over as Interim CEO in 2024. The trust's investment strategy is not publicly disclosed in detail, but as a public pension fund it likely allocates across public equities, fixed income, real estate, infrastructure, and private credit. The fund may use external managers for some strategies. It does not appear to have a disclosed portfolio of direct investments. The trust's size is undisclosed. The plan has no public estimate of total assets. It is supported by the CHA's operating budget and employee contributions. Adjacent entities include Chicago Housing Consulting Services (CHCS) and Springboard to Success (S2S), which are independent from the retirement trust. No recent operational events are available from public records. As a public pension fund tied to a housing authority, the trust's governance structure is set by Illinois law. The CHA board oversees the plan, with fiduciary duties to ensure long-term solvency. Succession stability is tied to the CHA's leadership — the 2024 transition to Angela Hurlock as Interim CEO marks a recent governance change.
General information
Firm type
Pension Fund
Year founded
1951
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Principals
Matthew Brewer
Operating Chairman and Interim CEO
Michael Moran
Chief Financial Officer
Angela Hurlock
Interim CEO
Sector focus
Frequently asked questions
Who makes investment decisions at the Chicago Housing Authority Employees' Retirement & Trust?
The plan is governed by the Chicago Housing Authority's board, with day-to-day oversight from the CHA's executive team. As of 2024, Interim CEO Angela Hurlock and CFO Michael Moran are the key named operators. Fiscal decisions are subject to public pension regulations in Illinois.
What types of investments does this trust typically make?
The trust's public strategy is not disclosed. As a public defined-benefit fund, it likely maintains a diversified portfolio of public equities, fixed income, real estate, infrastructure, and alternative assets. It does not appear to have a disclosed allocation to private equity or venture capital.
Is the trust related to any other philanthropic or operating entities?
Yes. Chicago Housing Consulting Services (CHCS) and Springboard to Success (S2S) are separate entities affiliated with the CHA. They serve different operational or social purposes and are not directly tied to the retirement trust.
How does the trust's governance work?
Governance follows Illinois public pension law. The CHA board oversees the plan, with fiduciary duties to ensure it meets obligations to employees. Leadership transitions — such as Angela Hurlock becoming Interim CEO in 2024 — affect governance.
Is there public data on the trust's performance or asset size?
No public data on AUM, annual returns, or portfolio composition is available. The trust does not appear to publish an annual report or benefit summary online.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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