Institution: Chicago Teachers’ Pension Fund
Headquarters: Chicago, US
AUM: $13.1 billion
Allocation to alternatives: 14.9 percent
The commitment is the biggest private equity allocation for the US public pension fund. Adams Street Partners is the largest partner for the pension’s private equity portfolio; managing approximately $305 million out of the $736 million portfolio.
CTPF has a target allocation of 5 percent to private equity investment which stands at 5 percent.
Recent fund commitments made by the $13.1 billion pensions have predominantly targeted North American growth equity and buyout vehicles targeting multiple sectors.
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