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Illinois Teachers approves €100m commitment

The US public pension has backed a Europe-focused fund.

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Teachers’ Retirement System of the State of Illinois has approved a €100 million commitment to EQT VIII.

The $50 billion US public pension has a 12 percent target allocation to private equity 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.