The Teachers’ Retirement System of Illinois (TRS) in Springfield committed to additional private equity and real assets investments after closing the books on a tumultuous 2020 that saw the pension hit $57.2 billion -- the largest balance in its 82-year history.
The system’s $7.5 billion private equity portfolio saw six new commitments including three new relationships for trustees. Leading the way was Chicago-based Adams Street Partners, which saw a commitment of $400 million. Other new relationships were forged with Insight Partners ($50 million) and Mill Point Capital ($50 million). Both firms are based . . .
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