OAK BROOK, Ill. – IMRF has recently received questions regarding investments in FTX, the cryptocurrency exchange that declared bankruptcy. The developments at FTX are concerning, and we are monitoring the situation closely. Through our venture capital asset managers, IMRF’s indirect exposure to FTX represents less than 0.01% of the total IMRF portfolio. Partnering with a diversified pool of venture capital asset managers – that have broadly diversified strategies – minimizes the brunt of any one investment loss for the fund. Be assured that as a risk-management tool, IMRF’s portfolio is diversified across asset classes, managers, strategies, sectors, and geographies. In a word, we don’t put all our eggs in any one basket, and we continue to manage a stable and well-performing portfolio.
Locally funded, financially sound.
