Illinois Teachers Ups Commitment To Alternatives

May 22 2009 | 9:18am ET

The $27.2 billion Teachers’ Retirement System of the State of Illinois is giving its hedge fund and private equity portfolios a boost, raising its long-term commitments to both asset classes.

Specifically, the plan will increase its allocations from 8% to 10% for p.e. and from 2.5% to 5% for absolute return. The changes were adopted following a review of the plan’s investment strategies, a study conducted every three years by TRS.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…