P&I – Illinois Teachers’ Retirement System, Springfield, plans to deploy a total of at least $1 billion with real estate and hedge fund managers in the fiscal year ending June 30, 2015.
Trustees of the $45.3 billion pension fund approved the 2015 tactical investment plans for the $5.6 billion real estate portfolio and the $2.6 billion hedge fund portfolio as presented by investment staff at a board meeting Tuesday.