Teachers’ Retirement System of Illinois Commits $725M to Alts

Written by: John Washington, Data Research Analyst

The Teachers’ Retirement System of Illinois has committed $725 million between alternative funds. 

$50 million was committed to a buyout fund, Greenbriar Equity Fund VI. $65 million was committed to ArchiMed MED Platform II, a buyout fund managed by ArchiMed. Lastly in private equity, $60 million was committed to StepStone VC Wabash Fund, a venture capital fund managed by StepStone. 

In Real Estate, $50 million was committed to Elion Industrial Fund II, a value added fund managed by Elion Partners. 

Within private credit, $250 million was allocated to Ares Multi-Credit Fund (IL), managed by Ares Management, and $250 million was allocated to Oaktree Route 66 Multi-Strategy Fund, managed by Oaktree.

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

March 17, 2023

Texas County Commits $75M to ZMC IV

The Texas County & District Retirement & System has made a $75 million commitment to ZMC IV. The...

December 21, 2023

San Diego County ERA Commits $75M to Private Credit

The San Diego County Employees’ Retirement Association disclosed a $75 million commitment to the...

December 21, 2023

New Hampshire Retirement System Commits $75M to Private Credit

The New Hampshire Retirement System has approved the commitment of $75 million to the Sixth Street...