---
title: Illinois Municipal Commits $125M to Private Equity
description: Illinois Municipal Commits $125M to Private Equity
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/chicago-Oct-27-2021-09-22-45-30-PM-3.jpg
---

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# Illinois Municipal Commits $125M to Private Equity

**Written by: ** Jane Bailey, Marketing Associate 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/chicago-Oct-27-2021-09-22-45-30-PM-3.jpg)

The Illinois Municipal Retirement Fund (IMRF) has approved up to $125 million in commitments to private equity in their February Board Meeting. 

The board approved the commitment of up to $75 million to Sterling Group Partners VI. 

The Retirement Fund has previously invested in Sterling funds totalling $147.5 million in aggregate commitments. 

Additionally, a $50 million commitment was approved for Clearlake Capital Partners VIII. IMRF has previously invested $396.9 million to Clearlake funds.

As of January 31, the Retirement Fund was valued at $52.3 billion.

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