---
title: Illinois Municipal Retirement Fund Commits $544M Alts
description: Illinois Municipal Retirement Fund Commits $544M Alts
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/chicago_pp-2-1.jpg
---

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# Illinois Municipal Retirement Fund Commits $544M Alts

**Written by: ** Helen Bascom, Marketing Associate 

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The Illinois Municipal Retirement Fund disclosed seven recent commitments totaling $544 million to alternatives, according to materials from the December 14th Board of Trustees meeting. 

Within private credit, $100 million was committed to AG Direct Lending Evergreen Fund, $100 million to Atalaya A4, $100 million to Comvest Credit Partners VII, $50 million to Capital Spring Senior Income Fund II, and $50 million to PennantPark Credit Opportunities Fund IV.

In real estate, $109 million was committed to Ares European Property Enhancement Partners. And in private equity, $35 million to Coalesce Capital Fund I. 

As of September 30, 2023, the $49 billion pension fund allocates 11.5% to alternative investments with a target of 11.3%.

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 Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Real Estate](https://dakotafunds.com/dakota-funds/tag/real-estate), [Private Equity](https://dakotafunds.com/dakota-funds/tag/private-equity), [Private Credit](https://dakotafunds.com/dakota-funds/tag/private-credit)

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