The Illinois Municipal Retirement Fund (IMRF) in Oak Brook approved multiple alternative investment funds at its board of trustees meeting late last week.
The roughly $48 billion public pension plan also approved an investment policy that decreased the maximum commitment to any one private real asset or alternatives investment manager to 35% from 40%. In recent months, real estate and private equity investments have been added to the portfolio.
Trustees approved a $50 million commitment to . . .
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