Cook County Annuity & Benefit Funds (CCPF)

Cook County Annuity & Benefit Funds (CCPF)

The Cook County Annuity & Benefit Funds (CCPF) is the umbrella entity that administers the County Employees' and Officers' Annuity and Benefit Fund and the Forest Preserve District Employees' Annuity and Benefit Fund. These two funds provide defined-benefit pensions for employees of Cook County government and the Forest Preserve District of Cook County. The retirement board is led by President Lawrence Wilson, who oversees the fund's governance and strategic direction. CCPF pursues a multi-asset allocation that includes direct and commingled investments in real estate, infrastructure, and private equity. Real estate commitments span funds such as Mesirow Financial Real Estate Value Fund V, Clarion Lion Properties Fund, Heitman America Real Estate Trust, and J.P. Morgan Strategic Property Fund — targeting mixed-use and commercial properties across the United States. Infrastructure investments include the IFM Global Infrastructure Fund, Brookfield Super-Core Infrastructure Partners, and Pantheon Global Infrastructure Fund IV, gaining global exposure. On the private equity side, CCPF concentrates on buyout strategies across multiple general partnerships. The fund maintains affiliations with several industry bodies, including the Illinois Public Pension Fund Association, the National Association of Securities Professionals, the National Conference on Public Employee Retirement Systems, and the Government Finance Officers Association. Its investment committee, chaired by Tracy Reed, reviews allocations and manager selections. The fund's total assets under management and exact headcount are not publicly disclosed. CCPF distinguishes itself as a public pension system serving a single major county, but operating through separate funds for the county and forest preserve district under one board. This structure creates a consolidated governance framework while maintaining distinct benefit pools. The fund relies heavily on external managers across real assets and private equity rather than building an internal direct investment team.