Non-RFP Investments

for Professional Investment Firms interested in managing IMRF funds
Office meeting

All investments are authorized by the IMRF Board of Trustees. These tables show investments made without a formal request for proposal as referenced by the Illinois Pension Code at 40 ILCS 5/1-113.14(b) (August 16, 2013).

2018 Investments Made without a Formal RFP

Mandate Mandate Structure Mandate Size Awarded Entity Contract Finalized Reason for Exception
Real Estate - Core Partnership - Direct Fund  50,000,000 

Barings European Core Property Fund SCSp

SICAV - SIF

 1/9/2018 Follow on Investment
Private Equity - Buyout Partnership - Direct Fund £56,000,000  Inflexion Buyout Fund V, L.P.  2/26/2018 Follow on Investment
Real Estate - Opportunistic Partnership - Direct Fund  £100,000,000 Ares Eurpoean Real Estate Fund V, SCSp  3/9/2018 Follow on Investment 
Private Equity - Venture Capital Partnership - Direct Fund $50,000,000 
Lightspeed Venture Partners Select III, L.P.  3/28/2018 Follow on Investment
Private Equity - Venture Capital Partnership - Direct Fund $30,000,000  Lightspeed Venture Partners XII, L.P.  3/28/2018 Follow on Investment
Private Equity - Buyout Partnership - Direct Fund £44,000,000  Inflexion Partnership Capital Fund II, L.P.  3/28/2018 Follow on Investment
Private Equity - Venture Partnership - Direct Fund  $20,000,000 Versant Voyageurs I Feeder, L.P.  4/9/2018 Follow on Investment 
Private Equity - Buyout  Partnership - Direct Fund $25,000,000 True North Fund VI, LLP  4/23/2018 Follow on Investment
Private Equity - Growth Equity Partnership - Direct Fund $50,000,000 Valor M33 II, L.P.  5/21/2018 Follow on Investment 
Private Equity - Venture Capital Company - Direct Fund $25,000,000  Lightspeed India Partners II, LLC  6/18/2018 Follow on Investment
Private Equity - Buyout Partnership - Direct Fund $100,000,000 Vista Equity Partners Fund VII, L.P.  8/31/2018 Follow on Investment 
Private Equity - Credit Partnership - Direct Fund $75,000,000  ABRY Advanced Securities Fund IV, L.P.  9/12/2018 Follow on Investment
Private Equity - Venture Capital Partnership - Direct Fund $40,000,000  Versant Ventures Fund VII, L.P.  9/18/2018 Follow on Investment
Private Equity - Growth Equity Partnership - Direct Fund  $25,000,000 ChrysCapital Fund VIII, L.L.C. 11/15/2018 Follow on Investment
Private Equity - Buyout Partnership - Direct Fund $50,000,000 ABRY Partners IX, L.P. 12/6/2018  Follow on Investment
Private Equity - Venture Capital Partnership - Direct Fund $20,000,000 VMT I, L.P. 12/12/2018 Follow on Investment
Private Equity - Buyout Partnership - Direct Fund    $75,000,000 The Baring Asia Private Equity Fund VII, L.P. 12/21/2018 Follow on Investment
Real Estate - Opportunistic Partnership - Direct Fund $150,000,000 Blackstone Real Estate Partners IX, L.P.  12/21/2018 Follow on Investment

2017 Investments Made without a Formal RFP

Mandate Mandate Structure Mandate Size Awarded Entity Contract Finalized Reason for Exception
Private Equity - Special Situations Partnership - Direct Fund  $23,000,000 ABRY Senior Equity V, L.P.  1/19/2017 Follow on Investment
Real Estate - Value Add Partnership - Direct Fund $75,000,000  Crow Holdings RE VIII, L.P.  2/3/2017 Follow on Investment
Real Estate - Value Add Partnership - Direct Fund  $75,000,000  Oak Street RE Capital Fund IV, L.P.  2/28/2017 Follow on Investment
Private Equity - Special Situations Partnership - Direct Fund  $35,000,000 EnCap Energy Capital Fund XI, L.P.  3/6/2017 Follow on Investment 
Private Equity - Venture Capital Limited Liability Company - Direct Fund $15,000,000  Lightspeed SPV I, L.L.C.  4/20/2017 Follow on Investment
Private Equity - Growth Equity Partnership - Direct Fund  $75,000,000  Valor Equity Partners IV, L.P.   5/5/2017 Follow on Investment
Private Equity - Buyout Partnership - Direct Fund $35,000,000 ICV Partners IV, L.P.  6/9/2017 Follow on Investment 
Real Estate - Opportunistic Partnership - Direct Fund $100,000,000  Blackstone RE Partners Asia II, L.P.  9/21/2017 Follow on Investment
Private Equity - Credit Partnership - Direct Fund $25,000,000 Sterling Group Credit Fund, L.P. 9/22/2017 Follow on Investment
Real Estate - Opportunistic Partnership - Direct Fund $50,000,000 Dune Real Estate Fund IV, L.P. 9/25/2017 Follow on Investment
Private Equity -- Buyout Partnership - Direct Fund $25,000,000 New MainStream Fund III, L.P. 9/29/2017 Follow on Investment
Real Estate - Core Partnership - Direct Fund

€ 100,000,000

Blackstone Property Partners Europe, L.P. 11/17/2017 Follow on Investment 
Real Estate - Opportunistic  Partnership - Direct Fund $50,000,000 Torchlight Debt Opportunity Fund VI, L.P. 11/21/2017 Follow on Investment
Real Estate - Value Add Partnership - Direct Fund $75,000,000 Artemis Real Estate Partners Fund III, L.P.  12/19/2017 Investment Made with Existing Manager
Private Equity - Special Situations Partnership - Direct Fund $20,000,000 Clearlake Capital Partners V, L.P. 12/22/2017 Follow on Investment
Private Equity - Buyout Partnership - Direct Fund $20,000,000 Beecken Petty O'Keefe Fund V, L.P. 12/22/2017 Follow on Investment

2016 Investments Made without a Formal RFP

Mandate Mandate Structure Mandate Size Awarded Entity Contract Finalized Reason for Exception
Private Equity ‐Venture Partnership - Direct Fund $22,000,000 Lightspeed Venture Partners XI, L.P. 3/3/2016 Follow on Investment
Private Equity ‐Venture Partnership - Direct Fund $8,000,000 Lightspeed Venture Partners Select II, L.P. 3/3/2016 Follow on Investment
Core Plus Fixed Income Separate Account $250,000,000 Brandes Investment Partners 3/2/2016 Investment Made with Existing Manager
Private Equity - Buyout Partnership - Direct Fund $100,000,000 Vista Equity Partners Fund VI, L.P. 3/11/2016 Follow on Investment
Real Estate - Value Add Partnership - Direct Fund £100,000,000 Ares European Property Enhancement Partners II, L.P. 3/31/2016 Investment Made with Existing Manager
Private Equity - Venture Partnership - Direct Fund  $10,000,000 Mayfield XV, L.P.  4/27/2016 Follow on Investment 
Private Equity - Venture Partnership - Direct Fund  $10,000,000  Mayfield Select, L.P.  4/27/2016  Investment Made with Existing Manager 
Private Equity - Credit Partnership - Direct Fund  $50,000,000 Vista Credit Opportunities Fund II-B, L.P.  5/9/2016 Follow on Investment 
Private Equity - Buyout Partnership - Direct Fund  $25,000,000  Vista Foundation Fund III, L.P. 5/19/2016  Follow on Investment 
Private Equity - Buyout/Growth Equity  Partnership - Direct Fund £17,000,000  Inflexion Supplemental Fund IV, L.P.  5/27/2016 Follow on Investment
Private Equity - Buyout/Growth Equity Partnership - Direct Fund £15,000,000  Inflexion Enterprise Fund IV, L.P. 5/27/2016 Investment Made with Existing Manager
Real Estate - Value Add Partnership - Direct Fund $25,000,000  Artemis Real Estate Partners Healthcare Fund I, L.P.  7/28/2016 Investment Made with Existing Manager
Private Equity - Buyout Partnership - Direct Fund $7,500,000 ABRY Heritage Fund, L.P.  8/5/2016  Investment Made with Existing Manager 
Real Estate - Value Add Partnership - Direct Fund  $35,000,000 CBRE Strategic Partners U.S. Value 8, L.P.  8/30/2016 Follow on Investment
Real Estate - Value Add Partnership - Direct Fund  $30,000,000 Long Wharf Real Estate Partners V, L.P. 9/2/2016  Follow on Investment 
Real Estate - Opportunistic Partnership - Direct Fund $75,000,000 Starwood Global Opportunity Fund XI, L.P. 9/15/2016 Follow on Investment
Real Estate - Opportunistic Partnership - Direct Fund $50,000,000 AEW Partners VIII, L.P. 9/30/2016 Follow on Investment
Private Equity - Venture Partnership - Direct Fund $15,000,000 Versant Venture Capital VI, L.P. 11/4/2016  Follow on Investment

2015 Investments Made without a Formal RFP

Mandate Mandate Structure Mandate Size Awarded Entity Contract Finalized Reason for Exception
Real Estate - Debt Partnership - Direct Fund $35,000,000 Torchlight Debt Opportunity Fund V, L.P. 3/12/2015 Follow on Investment
Real Estate - Opportunistic Partnership - Direct Fund $100,000,000 Blackstone Real Estate Partners VIII, L.P. 3/27/2015 Follow on Investment
Real Estate - Value Add Partnership - Direct Fund $35,000,000 Almanac Realty Securities VII, L.P. 3/31/2015 Follow on Investment
Private Equity - Special Situations Partnership - Direct Fund $25,000,000 EnCap Energy Capital Fund X, LP 4/8/2015 Follow on Investment
Fixed Income - Core Separate Account $100,000,000 Garcia Hamilton & Associates 4/29/2015 Additional Allocation to Existing Manager
Private Equity - Buyout Partnership - Direct Fund $10,000,000 The Vistria Fund, LP 9/11/2015 Additional Allocation to Existing Manager
 Real Estate - Debt Partnership - Direct Fund  $100,000,000 Blackstone Real Estate Debt Strategies III, L.P. 12/22/2015 Follow on Investment
 Real Estate - Value Add Partnership - Direct Fund  $25,000,000 LaSalle Income & Growth Fund VII, L.P. 12/30/2015 Follow on Investment

2014 Investments Made without a Formal RFP

Mandate Mandate Structure Mandate Size Awarded Entity Contract Finalized Reason for Exception
Private Equity - Venture Capital Partnership - Direct Fund $18,750,000 Lightspeed Venture Partners X, L.P. 03/2014 Follow on Investment
Private Equity - Venture Capital Partnership - Direct Fund $6,250,000 Lightspeed Venture Partners Select, L.P. 03/2014 Follow on Investment
Private Equity - Buyout Partnership - Direct Fund $100,000,000 Vista Equity Partners Fund V, L.P. 03/2014 Additional Allocation to Existing Manager
Real Estate - Value Add Partnership - Direct Fund $35,000,000 CBRE Strategic Partners U.S. Value 7, L.P. 4/2014 Follow on Investment
Private Equity - Special Situations Partnership - Direct Fund $35,000,000 ABRY Advanced Securities Fund III, L.P. 4/2014 Additional Allocation to Existing Manager
Real Estate - Opportunistic Partnership - Direct Fund $50,000,000 Starwood Opportuntity Fund X Global, L.P. 6/2014 Follow on Investment
Private Equity - Buyout Partnership - Direct Fund $25,000,000 ABRY Partners VIII, L.P. 8/2014 Additional Allocation to Existing Manager

2013 Investments Made without a Formal RFP

Mandate Mandate Structure Mandate Size Awarded Entity Contract Finalized Reason for Exception
Real Estate - Core Open End Commingled Fund $125,000,000 CBRE U.S. Core Partners, L.P. 10/2013 Additional Allocation to Existing Manager
Private Equity - Special Situations Partnership - Direct Fund $50,000,000 Vista Credit Opportunities Fund I, L.P. 10/2013 Additional Allocation to Existing Manager
Fixed Income - US Debt Index Commingled Fund $940,000,000 BlackRock US Debt Index Fund 8/2013 Investment Made with Existing Manager