IMRF Investments News

November 19, 2021
May 2021 Investment News

OAK BROOK, Ill. – On Friday, the Illinois Municipal Retirement Fund (IMRF) Board of Trustees approved up to $150 million in commitments within the Real Estate asset class, of which 100% was allocated to minority- or women-owned investment management firms.

The Board approved the following commitments, subject to satisfactory legal due diligence:

As of September 30, Minority- and/or Women-owned Business Enterprise (MWBE) firms manage $12.1 billion or 22.1% of IMRF’s total portfolio.

As of September 30, the total IMRF portfolio was valued at $54.9 billion.