Illinois TRS Commits $275M to Alts

The Teachers’ Retirement System of Illinois has made five alternative investments totalling up to $275 million.

In private equity, $100 million was committed to TA XV-A. Two Foundation Capital venture capital funds were committed to. $40 million was approved for Foundation Capital XI and $10 million to the Foundation Capital Leadership Fund IV. $25 million was committed to 3 Boomerang Capital I. 3 Boomerang focuses on healthcare companies in the lower middle market.

In addition, $100 million was committed to the Brevan Howard Special Opportunities SPC hedge fund. Brevan Howard currently manages $514 million for the TRS.

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Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.


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