Featured

IMRF approves $25m commitment

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

-

Illinois Municipal Retirement Fund approved a $25 million commitment to NMS Fund III at last week’s full board meeting.

The $39 billion US public pension has a 9 percent target allocation to private equity that currently stands at 3.9 percent.

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