Private equity, real estate, private debt, macro and trend-following plays dominated investment activity totaling $1.8 billion in recent weeks at the Teachers’ Retirement System of Illinois in Springfield.
The $54 billion retirement system plans on issuing a formal request for proposal for consulting services at times when officials are considering co-investment in the private equity portfolio. The contracts for the system’s current co-investment consultants expire at the end of the fiscal year in June.
The incumbent firms be allowed to submit bids. The incumbent co-investment consultants are Caledon Capital . . .