Illinois pension adds over $1bn across alts strategies

The $66 billion Teachers’ Retirement System of the State of Illinois (TRS) allocated over $1 billion in fresh capital across multiple alternative asset classes as Governor JB Pritzker announced plans to appropriate more money than required to Illinois public pensions in fiscal year 2023.

Gov. Pritzker announced plans to allocate $10 billion to public pensions in the coming year’s state budget, which was welcomed by TRS Board President Matthew Hunt.  

“With the recent funding commitment from the state, combined with strong investment returns, the funded status of TRS improved to 42.5% and . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.

Monthly subscriptions and discounted corporate plans for up to 100 members also available.

Related Articles

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!