The Teachers’ Retirement System of Illinois (TRSIL) has made a commitment of $300 million to Starwood Distressed Opportunity Fund XIII Global, confirmed Janelle Gurnsey, director of public relations/executive cabinet at TRSIL.
Starwood Distressed Opportunity Fund XIII, managed by Starwood Capital Group, is seeking to raise $10 billion to invest globally and opportunistically in a diverse range of real estate sectors.
The TRSIL already had made a $100 million commitment to the fund earlier this year.
For more information about this commitment or other funds, please visit our IREI.Q database.
