Institution: State Universities Retirement System of Illinois
Headquarters: Champaign, United States
Allocation to alternatives: 20.80%
State Universities Retirement System of Illinois (SURS) has approved commitments of $75 million to Westbrook Real Estate Fund XI and $40 million to Long Wharf Real Estate Partners Fund VI, according to a recent report on the pension’s website.
The $19.08 billion US public pension has a 10.0 percent target allocation to real estate that currently stands at 8.90 percent.
As illustrated in the charts below, SURS has made one other commitment to a real estate fund with a 2018 or 2019 vintage: €75 million to Blackstone Real Estate Europe Partners VI.
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