Institution: Teachers’ Retirement System of the State of Illinois
Headquarters: Springfield, US
AUM: $65.4 billion
Allocation to alternatives: 33.8%
US public pension Teachers’ Retirement System of the State of Illinois has committed a total of $200 million to real assets following its recent February press release.
Within the institution’s $10.7 billion real assets portfolio, $150 million was committed to Rockpoint Real Estate Fund VII and €100 million to Tristan European Property Investors Special Opportunities 6 (EPISO 6).
Both Rockpoint Group and Tristan Capital Partners have existing relationships with TRS Illinois. Rockpoint administers $150.6 million in TRS assets while Tristan administers €50.5 million.
Illinois Teachers’ allocates 17.2 percent to real estate from its investment portfolio. The institution’s recent fund commitments are largely focused on funds seeking opportunistic returns.
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