Illinois Teachers moves $535 million to alternatives
Illinois Teachers moves $535 million to alternatives Print Illinois Teachers' Retirement System, Springfield, committed a total of $535 million to four alternative managers since the end of October, said R. Stanley Rupnik, interim executive director and CIO, during an investment committee meeting held remotely Wednesday. Investment staff of the $53.5 billion system have discretion to make manager changes without board approval. The largest commitment, up to $300 million, from the $8.2 billion real assets portfolio went to existing manager Starwood Capital Group for investment in Starwood Di...
Source: pionline.com