Illinois Municipal Retirement Fund

The Illinois Municipal Retirement Fund added several firms across real assets and private equity, and about 24% of the capital went to minority-owned and women-owned firms.

The Illinois Municipal Retirement Fund made allocations across its direct lending, opportunistic and distressed/special situations funds and separately managed account portfolios.

The Illinois Municipal Retirement Fund (IMRF) added another $315 million to private markets asset classes at last week’s board of trustees meeting in Oak Brook. Officials at the $49.9 billion state pension approved $205 million in private equity and $110 ...

The Illinois Municipal Retirement Fund in Oak Brook issued an RFP for direct lending, opportunistic and distressed/special situations private credit funds.

Growth-focused private equity firm Parthenon Capital raised $4.5 billion for its latest fund, exceeding its initial target by $1 billion. Parthenon Investors VII counts the Illinois Municipal Retirement Fund among its investors. The fund will carry on Parthenon’s ongoing expertise ...

Real estate allocations seemed to be on the upswing in February, with sovereign wealth fund GIC leading the way with a $15 billion partnership with Oak Street to invest in a net lease REIT. Over 65 allocations totaling $24 billion-plus ...

The Florida State Board of Administration, which oversees $240 billion in assets, added a total $594 million to real estate and strategic investments at the end of 2022.

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 ...

Institutional investors pondering the challenges awaiting them in the quarters to come have slowed their alternative investment allocations, especially compared to activity logged at the end of 2021.

The $47 billion Illinois Municipal Retirement Fund (IMRF) last Friday approved up to $240 million in commitments to the real estate and private equity asset classes.