State Universities Retirement System of Illinois Commits $150M to Alternatives

Written by: Morgan Holycross, Marketing Manager

The State Universities Retirement System of Illinois (SURS) has made commitments totaling $150 million across real estate and private equity funds.

Real Estate 

$50 million was committed to Torchlight Debt Fund VIII. Fund VIII is a real estate debt fund managed by Torchlight Investors.

Private Equity 

$100 million was committed to Fairview Lincoln Fund I (Series C). The venture capital fund is managed by Fairview Capital Partners.

As of July 31, 2022 SURS has an actual target allocation of 15.7% to non-traditional growth assets and 17.2% to stabilized growth assets.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace 

Recent Posts

September 13, 2023

Alaska Retirement Commits $150M to Alts

The Alaska Retirement Management Board has approved two alternative investments totalling $150...

April 25, 2023

South Carolina Retirement System Commits $150M to Alts

The South Carolina Retirement System has disclosed two alternative investments totaling up to $150...

October 04, 2022

Texas County Commits $150M to Alternatives

The Texas County & District Retirement System has closed on two alternative investments totaling up...