Institution: State Universities Retirement System of Illinois
Headquarters: Champaign, United States
AUM: $23.33 billion
Allocation to alternatives: 15.1%
First-time manager Ember Infrastructure launched its debut fund in March 2020 with a $500 million equity capital target. As of 30 June, 20 percent of that target had been raised from investors.
The $23.33 billion US public pension has a 1 percent target allocation to infrastructure that currently stands at 0.4 percent.
As illustrated below, SURS’ recent infrastructure commitments have primarily focused on North America-focused equity vehicles targeting energy investments.
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