Investors

TRS commits $425m

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

By
PEI Staff
-

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.