Institution: Chicago Teachers’ Pension Fund
Headquarters: Chicago, United States
AUM: $12.2 billion
Allocation to alternatives: 14.3%
The US pension fund had previously committed $30 million to Fund I of the manager’s real estate debt series, which held a final close in May 2019 at $410 million.
As illustrated below, CTPF’s recent private debt commitments have predominantly targeted North American corporate and real estate debt funds focusing on subordinated lending.
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