Institution: State Universities Retirement System of Illinois
Headquarters: Champaign, United States
AUM: $20.45 billion
Allocation to alternatives: 17.2%
BlackRock’s Global Renewable Power Fund III, targeting $2.5 billion, focuses on renewable power generation, energy storage and distribution.
The investment falls in line with SURS’ mission to address ESG issues.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.