The $62.7 billion Teachers' Retirement System of Illinois had strong asset gains for the year through June 30, and has also redoubled efforts to allocate to diverse managers, according to a public letter penned by Board of Trustees President Devon Bruce.
The Springfield, Illinois pension system closed out its fiscal year with an investment return of 23.1%, handily exceeding the system's 7% assumed rate of return.
Bruce added though that trustees and staff are doubling down on efforts to the system’s commitment to increase diversity, equity and inclusion (DEI) within the . . .
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters, with a convenient pay-as-you-go monthly subscription.
Annual subscriptions save you 10% and also get you access toAlternatives Watch Researcharticles and ourAnnual Investor Compendium!