Institution: State Universities Retirement System of Illinois
Headquarters: Champaign, United States
AUM: $21.91 billion
Allocation to alternatives: 14.3%
State Universities Retirement System of Illinois approved $100 million-worth of commitments to real estate debt funds at its March 2021 board meeting, according to a press release.
The $21.91 billion pension has an 8 percent target allocation to real estate that currently stands at 6 percent.
SURS’ recent real estate fund commitments have predominantly targeted North American vehicles focused on real estate debt or value-add equity investments.
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