--- title: Illinois TRS Commits $970 to Alts; Retains RVK description: Illinois TRS Commits $970 to Alts; Retains RVK. image: https://dakotafunds.com/hubfs/Imported_Blog_Media/chicago_public_pensions-3-Apr-04-2024-11-25-42-3376-PM.jpg --- [![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com) - [ About ](https://dakotafunds.com/about-us) - [ Team ](https://dakotafunds.com/team-update) - [ Partners ](https://dakotafunds.com/clients) - [ Contact ](https://dakotafunds.com/contact-us-update) [![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com) ** - [ About ](https://dakotafunds.com/about-us) - [ Team ](https://dakotafunds.com/team-update) - [ Partners ](https://dakotafunds.com/clients) - [ Contact ](https://dakotafunds.com/contact-us-update) # Illinois TRS Commits $970 to Alts; Retains RVK **Written by: ** Koncheng Moua, Director of Data Management and Strategy ![](https://dakotafunds.com/hubfs/Imported_Blog_Media/chicago_public_pensions-3-Apr-04-2024-11-25-42-3376-PM.jpg) The Teachers’ Retirement System of Illinois has disclosed  $970 in new investments across 10 funds. In private equity, $5 million was committed to Alkemi Venture Fund II, managed by Alkemi Growth Capital based out of New Delhi. Bertram Growth Capital V received a $75 million allocation. $25 million was committed to buyout fund, FVLCRUM Fund I. $150 million was invested in Clayton, Dubilier & Rice XIII. $200 million was committed to Parthenon Investors VII. In real estate, $115 million was committed to Fortress Japan Opportunity Fund V and $100 million was committed to Fortress Real Estate Opportunities Fund IV, both managed by Fortress Investment Group. In addition, $100 million was invested in Basa Real Estate Fund III. In private credit, $100 million was allocated to the Taurus Mining Royalty Fund and $100 million was invested in PIMCO Corporate Opportunities Fund IV. A full redemption of $200 million from Maniyar Macro Fund was also disclosed, a hedge fund managed by Maniyar Capital Advisors based out of London. As for the general investment consultant search, RVK was retained and was awarded a five-year consultant contract. *For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!* ** 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), [Consultants](https://dakotafunds.com/dakota-funds/tag/consultants), [Hedge Funds](https://dakotafunds.com/dakota-funds/tag/hedge-funds), [Private Credit](https://dakotafunds.com/dakota-funds/tag/private-credit) ### Recent Posts [EP Wealth Acquires Wacker Wealth Partners](https://dakotafunds.com/dakota-funds/fundraising-news/ep-wealth-acquires-wacker-wealth-partners) April 04, 2024 [JTP Capital Seeking Fundraising and CRM Database Management Assistant](https://dakotafunds.com/dakota-funds/fundraising-news/jtp-capital-seeking-fundraising-and-crm-database-management-assistant) April 04, 2024 [$700M Merrill FAs Depart to Sanctuary](https://dakotafunds.com/dakota-funds/fundraising-news/700m-merrill-fas-depart-to-sanctuary) April 03, 2024 [Greenbacker Capital Seeking Internal Sales Representative](https://dakotafunds.com/dakota-funds/fundraising-news/greenbacker-capital-seeking-internal-sales-representative) April 03, 2024 [NY Common Commits $550M to Venture Capital, Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-550m-to-venture-capital-real-estate) April 03, 2024 ## Related Blogs January 10, 2024 #### Marin County Hires State Street for Passive International Equities The Marin County Employees Retirement Association hired State Street Global Advisors to manage the... 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[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/illinois-surs-issues-real-assets-consultant-rfp) ![footerLogo](https://dakotafunds.com/hubfs/footerLogo.svg) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Koncheng Moua, Director of Data Management and Strategy", "url" : "https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy" }, "dateModified" : "2024-04-04T23:26:06.972Z", "datePublished" : "2023-06-14T04:00:00.000Z", "headline" : "Illinois TRS Commits $970 to Alts; Retains RVK", "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/chicago_public_pensions-3-Apr-04-2024-11-25-42-3376-PM.jpg" ], "mainEntityOfPage" : { "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/illinois-trs-commits-970-to-alts-retains-rvk", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject" }, "name" : "Dakota Funds Group" } } ```