Institution: Chicago Teachers’ Pension Fund
Headquarters: Chicago, US
AUM: $12.14bn
Target allocation to private debt: 3%
Chicago Teachers’ Pension Fund has approved a strategic shift by setting its private credit allocation target to 3%, it announced on its latest board meeting. The fund outlined plans for annual commitments ranging from $50 million to $150 million over the next decade, with expectations to make 1-4 commitments per year.
