The Teachers Retirement System of the State of Illinois (TRS) committed $100 million each to Oaktree Capital Management and PIMCO at its last meeting of the year.
The Springfield, Illinois-based pension fund pledged the money to Oaktree Real Estate Debt Fund and PIMCO Bravo Fund III on 13 December. While no target was immediately available for the Oaktree fund, the PIMCO vehicle has a $3.5