Key Takeaways
- • SURS aims to commit between $375 million and $525 million to private equity funds in 2023, according to PEI Private Equity.
- • The plan sets a pacing range of $25 million to $75 million per commitment, per the publisher's summary.
- • SURS, the State Universities Retirement System of Illinois, published its 2023 private equity pacing plan.
- • The long-term private equity policy target is 12% of total portfolio, up from 11%, according to the publisher's context.
Summary
The State Universities Retirement System of Illinois (SURS) has published its private equity pacing plan for 2023, according to PEI Private Equity reporter Disha Suresh. The plan, reported on January 4, 2023, outlines SURS's intention to commit between $375 million and $525 million to private equity funds over the year.
According to the publisher's summary, the plan sets a range of $25 million to $75 million per individual commitment. The pacing plan is part of SURS's broader investment framework, under which the long-term policy target for private equity has been raised to 12% of the total portfolio from 11%, per the publisher's context.
The original article is brief and does not provide additional detail on fund selection, strategy allocation, or specific managers. Readers seeking the full pacing plan document or further detail should consult the PEI primary coverage or SURS's published materials directly.
According to the publisher's summary, the plan sets a range of $25 million to $75 million per individual commitment. The pacing plan is part of SURS's broader investment framework, under which the long-term policy target for private equity has been raised to 12% of the total portfolio from 11%, per the publisher's context.
The original article is brief and does not provide additional detail on fund selection, strategy allocation, or specific managers. Readers seeking the full pacing plan document or further detail should consult the PEI primary coverage or SURS's published materials directly.
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