Teachers’ Retirement System of the State of Illinois confirms $100m commitment

The US public pension has backed Taurus Mining Finance Fund II.

Institution: Teachers’ Retirement System of the State of Illinois
Headquarters: Springfield, United States
AUM: $51.05bn
Allocation to alternatives: 35.40%
Bitesize: $50-100m

Teachers’ Retirement System of the State of Illinois has agreed to commit $100 million to Taurus Mining Finance Fund II, a contact at the pension informed Agri Investor. The pension previously committed $80 million to the fund’s predecessor.

As illustrated in the charts below, the pension has only committed to six agriculture funds since its first commitment in 2013, with three of those managed by Proterra Investment Partners.

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