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Illinois SURS commits $30 million to real estate fund Illinois State Universities Retirement System, Champaign, committed up to $30 million to Newport Capital Fund III. The $22.1 billion pension fund s board approved the commitment to the closed-end, non-core real estate fund managed by Newport Capital Partners at its April 22 remote meeting, a news release said Monday. SURS had previously made commitments to Newport Capital Fund I in 2012 and two other co-investment funds in 2018 and 2019, the news release said. The amounts of the previous commitments were not provided. SURS actual allocation to non-core real estate is 2.2%; the target is 4%. Related Articles

United statesBetha spencerNewport capital fundIllinois state universities retirement systemNewport capital partnersஒன்றுபட்டது மாநிலங்களில்பெத்தா ஸ்பென்சர்நியூபோர்ட் மூலதனம் நிதிஇல்லினாய்ஸ் நிலை பல்கலைக்கழகங்கள் ஓய்வு அமைப்புநியூபோர்ட் மூலதனம் கூட்டாளர்கள்