The State Universities Retirement System of Illinois approved two alternative investment allocations.
The board committed $50 million to the Torchlight Debt Fund VIII within the system’s real asset’s portfolio which totals roughly 4.5% of the system’s $25 billion investment portfolio.
A $100 million commitment was made by the board to the Fairview Lincoln Fund I (Series C). This investment is housed in the Illinois pension fund’s private equity portfolio which totals over $260 million.
The SURS investment portfolio returned -1.4%, net of fees for the year ended . . .
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
