Teachers’ Retirement System of the State of Illinois confirms $276m in commitments

The US public pension has backed two infrastructure funds focused on Europe and North American unlisted equity investments.

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Institution: Teachers’ Retirement System of the State of Illinois
Headquarters: Springfield, United States
AUM: $51.13bn
Allocation to alternatives: 35.4%
Bitesize: $50-100m

Teachers’ Retirement System of the State of Illinois approved up to $276 million in infrastructure commitments at its March Board meeting, a contact at the pension informed Infrastructure Investor.

The commitments are made up of €200 million ($226 million) to Macquarie European Infrastructure 6 and $50 million to Grain Communications Opportunity Fund II.

The $51.13 billion US public pension tends to target infrastructure funds focusing on unlisted equity investments into telecoms, transport, renewables and utilities.

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