TRS Illinois backs Brookfield AM

The US-based pension fund committed $125m to Brookfield's third infra debt fund.

Institution: Teachers’ Retirement System of the State of Illinois
Headquarters: Springfield, US
AUM: $63.27 billion
Allocation to private debt: 6.7%

Teachers’ Retirement System of the State of Illinois confirmed a commitment of $125 million to Brookfield Infrastructure Debt III, a source at the pension fund told Private Debt Investor.

Founded in 1899, Brookfield Asset Management is an asset manager focused on investing in high quality assets across real estate, infrastructure, renewable power and private equity. The fund’s predecessor had a final close on $2.7 billion in December 2020.

TRSIL’s recent fund commitments have predominantly focused on the corporate sector in North America.

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