Illinois Municipal Retirement Commits Up to $257M to Private Equity, Real Estate

The Illinois Municipal Retirement Fund (IMRF) has revealed new commitments in private equity and real estate.

Within private equity, up to $75 million was committed in aggregate to three venture capital funds managed by Khosla Ventures; Khosla Ventures VIII, Khosla Venture Seed F, and Khosla Ventures Opportunity II. In addition, up to $72 million was committed to Inflexion Partnership Capital Fund III. Lastly, up to $60 million was committed in aggregate to two venture capital funds managed by Mayfield; Mayfield Fund XVII and Mayfield Select III.

In real estate, up to $50 million was committed to AEW Partners Real Estate Fund X, managed by AEW.

As of February 28, 2023, the $48.4 billion retirement fund allocates 10.4% to alternatives, while they target 11.5% to the asset class respectively.

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!

Written By: John Washington, Data Research Analyst

John Washington is the Data Research Analyst at Dakota.

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Illinois Municipal Retirement Commits Up to $257M to Private Equity, Real Estate

Subscribe

Related Content

LACERA Allocates $257.5M in Private Equity, Real Estate Funds

San Antonio F&P Commits $25M to Townsend RE Fund IV

Report: Mantra Investment Seeks €250M for Fourth Secondaries Fund

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company