IMRF approves $135m in commitments

The US public pension has a two venture and a mezzanine fund.

Illinois Municipal Retirement Fund has approved commitments of $75 million to ABRY Advanced Securities Fund IV, $40 million to Versant Ventures VII and $20 million to Versant Medical Technology.

The $41 billion US public pension has a 7 percent target allocation to private equity that currently stands at 3.7 percent.

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