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Illinois Teachers commits $100m to real estate

by Zoë Wolff

The $45.8 billion Teachers’ Retirement System of Illinois has committed $100 million to Westbrook Real Estate Fund X, according to David Urbanek, director of communications.

The value-added fund managed by Westbrook Partners is looking to raise $2.5 billion and will invest in Western Europe, the United States and Japan. The fund has received commitments from the University of Michigan, the New York State Common Retirement Fund, the San Francisco Employees’ Retirement System, the

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