Teachers' Retirement System of the State of Illinois related stories
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Illinois Teachers commits $350m to real estateThe $42.75 billion pension plan’s investments with three separate account managers make up more than half of its allocation to the asset class for 2014.
- Illinois Teachers commits $250m
The $40.2 billion pension system, which recently approved a $600 million increase in real estate investments, has committed to two new funds.
- Illinois Teachers earmarks $600m for real estate
As part of its new fiscal year investment plan, the $40.2 billion pension system is expected to continue bulking up its property holdings, including non-core real estate, where it currently is underweighted.
- Illinois Teachers invests with Principal
The $39.6 billion pension system’s $200 million allocation marks its first investment with the Des Moines, Iowa-based institutional real estate manager.
- Illinois Teachers commits to Oaktree
The $38.1 billion pension system has approved a commitment of $75 million to Oaktree Real Estate Opportunities Fund VI.
- Embarcadero to buy SF office for $113m
The California-based real estate firm is in the process of purchasing a 22-story office building from Lincoln Property, which owned the skyscraper on behalf of Illinois Teachers.
- Illinois Teachers hires advisors for co-investments
The $38.1 billion pension system has tapped two consultants to assist in the creation of a new real estate co-investment program.
- Illinois Teachers commits $200m to Blackstone
The $37.7 billion pension system has approved an allocation to the New York-based private equity giant’s latest global real estate fund, which is expected to reach $6 billion in commitments by year’s end.
- Walton Street raises $710m for Fund VII
Following a first close and roughly $300 million in pending commitments, the Chicago-based private equity real estate firm will be about halfway to its equity target for its latest opportunistic vehicle.
- Illinois Teachers to pursue real estate co-investments
The $37 billion pension plan is expanding its co-investment activity into real estate and is seeking a consultant to assist with the new initiative.