Institutional Investors

Carlson Capital added to line-up at Illinois Teachers


The Teachers Retirement System of Illinois reported strong returns for fiscal year 2011 and a commitment of $50 million to Dallas-based Carlson Capital within the absolute return portfolio.

The $1.5 billion absolute return portfolio at Illinois Teachers gained 14% gross of fees for the fiscal year 2011, which ended on 30 June. The board of trustees approved a revised asset allocation plan that included a boost in absolute return to 8% from 5% of total assets or to nearly $3 billion. Illinois Teachers’ staff and investment consultant, RV Kuhns & Associates developed a