Institution: Illinois Municipal Retirement Fund
Headquarters: Oak Brook, US
AUM: $53.1 billion
Allocation to alternatives: 13.33%
Illinois Municipal Retirement Fund approved $80 million-worth of commitments to two private debt funds at its May 2021 board meeting, a contact at the pension informed Private Debt Investor.
IMRF has a 0.37 percent allocation to private debt as of 31 March 2021.
As illustrated below, the $53.1 billion US pension’s private debt commitments predominantly focus on North American corporate debt funds.
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