Sunday, 5 July 2015
Last updated 53 min ago
Jun 23 2006 | 8:55pm ET
The State Universities Retirement System of Illinois has earmarked up to $300 million to be invested in private equity next year. Dan Allen, cio of the $14.3 billion plan, said the funding plan for private equity was put in place because the initial five-year plan was ending this year.
He said that the volatility of the market and Sudan divestment legislation led SURS to use a one-year plan to help guide the investment staff and consultant Ennis Knupp + Associates. Allen said there are no particular aspects of private equity the plan will look at yet and he will look at the plan's existing private equity managers before initiating any possible searches.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…