FUNDRAISING NEWS | June 18, 2024
The Chicago Teachers’ Pension Fund approved two recent commitments to alternatives totaling $40 million, according to minutes from the March 21st board meeting.
In real estate, $30 million was committed to Heitman Value Partners Fund VI. And in private equity, $10 million was committed to KKR Ascendant Fund.
These commitments represent the continuation of existing relationships. CTFP is currently invested in two KKR private equity funds, KKR Americas Fund XII and XIII. And they previously invested in the Heitman Value Funds IV and V.
As of June 30, 2023, the $13 billion pension fund allocates approximately 11.4% to real estate with a target of 9% and approximately 8.2% to private equity with a target of 5%.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace! 
Helen Bascom is a Marketing Associate at Dakota.
