Pensions & Investments – The $37.4 billion Illinois Teachers’ Retirement System, Springfield, approved tactical plans that are adding hundreds of millions of dollars — and new money managers — to the hedge fund and real-return portfolios.
The board at its Oct. 28 meeting approved additional direct investments of $150 million each to existing hedge fund managers Claren Road Asset Management LLC, BlueMountain Capital Management LLC and Carlson Capital LP.
