News & Analysis

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

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

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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.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.