
Manager Selection
Illinois Municipal Retirement Fund Commits $300M to Real Assets, Alts
The IMRF made commitments with Blue Owl Real Estate, Khosla Ventures, Charlesbank Capital Partners and Great Hill Partners.
The fund promotes from within, appointing Andrew K. Kelsen, the head of alternative investments, to the role.
The 650-plus downstate public funds could merge to lighten retirement funding burden.