Institution: Illinois Municipal Retirement Fund
Headquarters: Oak Brook, United States
Allocation to alternatives: 9.67%
The Illinois Municipal Retirement Fund (IMRF) has agreed to commit $75m each to Baring Asia Private Equity Fund VII, Waud Capital Partners Fund V and Vistria Fund III, according to notes from the firm’s December board meeting. IMRF has also made prior commitments to Vistria Fund I and II.
The $42.40bn US public pension currently has a 3.26 percent allocation to private equity.
As illustrated in the charts below, IMRF pursues diversified private equity investment strategies across a variety of regions.
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