The Board of Trustees of the Illinois Municipal Retirement Fund (IMRF) on March 25 approved up to $252.4 million in commitments within the private equity and real estate asset classes. The commitments include $105 million directed to minority-owned firms. The board also approved a resolution authorizing IMRF’s divestment of its Russian assets.
“The IMRF Board condemns the actions taken by Russia and applauds the multitude of global responses in the form of humanitarian aid and sanctions,” according to the board’s resolution. As of March . . .
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.