trending Market Intelligence /marketintelligence/en/news-insights/trending/wRgeQeJPx-BxL9BVFc1oYw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Illinois pension fund commits $150M to Blackstone, Rockwood Capital RE funds

Blog

Banking Essentials Newsletter: May Edition

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Real Estate News & Analysis: April Edition

Blog

Banking Essentials Newsletter: April Edition - Part 2


Illinois pension fund commits $150M to Blackstone, Rockwood Capital RE funds

The Illinois Municipal Retirement Fund, or IMRF, will invest a total of up to $150 million in two real estate funds.

The pension fund will commit up to $100 million in Blackstone Real Estate Debt Strategies IV LP, a real estate debt fund managed by Blackstone Group LP, and up to $50 million of capital into Rockwood Capital Real Estate Partners Fund XI LP, a real estate fund managed by Rockwood Capital LLC.

On the private equity front, the pension fund intends to inject as much as $200 million into the HarbourVest Partners LLC-managed HarbourVest 2019 Global Fund LP and up to €50 million into IK Investment Partners' IK IX Fund.