State Universities Retirement System of Illinois Commits $150M to Alternatives

The State Universities Retirement System of Illinois (SURS) has made commitments totaling $150 million across real estate and private equity funds.

Real Estate

$50 million was committed to Torchlight Debt Fund VIII. Fund VIII is a real estate debt fund managed by Torchlight Investors.

Private Equity

$100 million was committed to Fairview Lincoln Fund I (Series C). The venture capital fund is managed by Fairview Capital Partners.

As of July 31, 2022 SURS has an actual target allocation of 15.7% to non-traditional growth assets and 17.2% to stabilized growth assets.

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Written By: Morgan Holycross, Marketing Manager

Morgan Holycross is a Marketing Manager at Dakota.