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Illinois Teachers approves $50m commitment

The US public pension has backed a North America-focused fund.

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Teachers’ Retirement System of the State of Illinois has approved a $50 million commitment to Harvest Partners Structured Capital Fund II.

The $49 billion US public pension has a 12 percent target private equity allocation that currently stands at 13.2 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.