Illinois Teachers doubles hedge fund portfolio

Fri Jun 5, 2009

The Teachers' Retirement System of Illinois has approved changes to the long-term goals for three asset classes including absolute return, which will double from 2.5% to 5% of assets.

There is no specific time frame to reach the new long-term asset allocation for hedge funds, primarily because of the uncertain state funding levels for the fiscal...

ISSN: 2151-1845 / CDC10004H

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