SURS Illinois commits $50 million to debt

State Universities Retirement System of Illinois commits to Ares' first specialty healthcare vehicle.

Name: State Universities Retirement System of Illinois
Headquarters: Champaign, US
AUM: $24.41 billion
Allocation to private debt: 3.8%

State Universities Retirement System of Illinois announced its latest private debt commitment during its June investment committee meeting.

The public pension fund committed $50 million to Ares Specialty Healthcare. Managed by Ares, the fund makes investments into technologically advanced healthcare companies that are struggling to attract funding.

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