TRSIL commits to nine new PE funds

Institution: Teachers’ Retirement System of the State of Illinois
Headquarters: Springfield, US
AUM: $66 billion
Allocation to private equity: 17.1%

The Teachers’ Retirement System of the State of Illinois has committed to a further nine private equity funds, according to its most recent board meeting.

The new commitments are:

• $200 million to New Mountain Partners VII
• $125 million to Altaris Health Partners VI
• $100 million to Aurora Equity Partners VII
• $100 million to NGP Natural Resources XIII
• $75 million to PSG VI
• €60 million to Bregal Unternehmerkapital IV
• $50 million to Elephant Partners V
• $40 million to Altaris Health Partners VI Co-investment Sidecar
• $30 million to FinTech Collective Fund IV

The funds primarily invest in North America, with Bregal Unternehmerkapital IV and Altaris Health Partners Fund VI also investing in Western Europe. The funds deploy growth equity, buyout and venture capital strategies with a diversified sector focus spanning TMT, financial services, natural resources, energy, oil and gas, biotech, life sciences and healthcare.

TRSIL yields retirement, disability and survivor benefits to teachers, administrators and other licensed public-school personnel employed outside of Chicago.

The institution has $11.3 billion allocated to its private equity portfolio, and its current investment allocations can be viewed below:

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