The State Universities Retirement System of Illinois (SURS) in Champaign added $200 million to its real assets portfolio and fulfilled its RFP issued last autumn centering on long volatility and tail risk managers.
The $28 billion pension system committed to three real asset funds -- IFM Global Infrastructure Fund ($100 million); Crow Holdings Realty Partners X ($50 million); and $50 million to the Cabot Industrial Value Fund VII.
The board of trustees also approved two long-volatility/tail risk providers with the strategies being folded into SURS Crisis Risk Offset asset class that is comprised of . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
