The Illinois State Board of Investment has reviewed their 2023 portfolio goals at their December 15 board meeting.
According to meeting materials from consultant Hamilton Lane, they will target $450 million to $470 million to private equity for the year between five to seven partnerships. Hamilton Lane will continue to manage venture capital exposure through their Venture Access Fund.
In private debt, $170 million to $180 million in commitments is targeted between five to eight funds.
$290 million to $310 million will be targeted to six to ten non-core real estate partnerships. This will be split between Hamilton Lane and Rock Creek. Hamilton Lane will target $155 million to $165 million to three to six funds.
The infrastructure commitment target calls for $100 million to $115 million between three to six funds.
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