SURS commits $140m to private equity

The US public pension invests in funds that focus on buyout and corporate private equity strategies.

Institution: State Universities Retirement System of Illinois
Headquarters: Champaign, United States
AUM: $20.45 billion
Allocation to alternatives: 17.2%

State Universities Retirement System of Illinois approved $140 million in private equity commitments to funds from Mesirow and Fairview Capital Partners, according to a press release.

The system invested up to $40 million to Mesirow Financial Private Equity Fund VIII-B to grow its exposure to co-investments within Mesirow’s portfolio.

SURS also pledged up to $100 million to further develop Fairview Capital Partners’ private equity portfolio, according to the press release. The pension previously committed $75 million to Fairview Lincoln Fund I, Private Equity International data show.

As illustrated below, SURS has also invested in funds managed by Hg, One Rock Capital Partners and Clearlake Capital Group in 2020.

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