TRS commits $425m

The US public pension committed $425 million to three private equity funds

23 June 2017

Teachers' Retirement System of the State of Illinois has committed $250 million to Apollo Investment Fund IX, $100 million to New Mountain Partners V and $75 million to Altaris Health Partners IV.

The $47 billion US public pension has a 13 percent allocation to private equity.

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

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