IMRF Investments News

November 16, 2018

OAK BROOK, Ill. - Today, the Illinois Municipal Retirement Fund’s (IMRF) Board of Trustees approved multiple investment recommendations, subject to satisfactory legal due diligence. 

Private Equity

The Board approved a commitment of up to $50 million to ABRY Partners IX, L.P. ABRY’s exposure to IMRF is $218.4 million across 13 investment vehicles.

Real Estate Recommendations

The Board approved the following recommendations:

IMRF has established relationships and exposure with all three firms: Blackstone, $663.7 million; Oak Street, $100 million; and LaSalle, $45 million.

As of September 30, 2018, the IMRF total portfolio was valued at $42.4 billion.