IMRF confirms $50m commitment to Torchlight Debt Opportunity Fund VII

The US public pension has backed Torchlight Investors' seventh real estate debt fund.

Institution: Illinois Municipal Retirement System
Headquarters: Oak Brook, United States
AUM: $44.34 billion
Allocation to alternatives: 12.79%

Illinois Municipal Retirement System has confirmed a $50 million commitment to Torchlight Debt Opportunity Fund VII, according to the pension’s August 2020 investment news.

The $44.34 billion US public pension has a 0.29 percent allocation to private debt.

As illustrated below, IMRF’s recent private debt commitments have targeted senior and distressed debt vehicles.

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