Illinois Teachers reports double-digit gains, boosts DEI dedication

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 . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.

Get started

Back to top button

Start Your Days in the Know

 

Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!