Texas Teachers Considers Hiking Public Equity and Lowering Private Equity Allocations
Mike
Simmons presented potential changes in the recent meeting, to be
considered by the board in September
Mike
Simmons presented potential changes in the recent meeting, to be
considered by the board in September
The Teachers’ Retirement System of Illinois (TRS) has appointed Ghiané Jones as the new deputy chief investment officer, starting from October 10.
Investors give standing ovation and enumerate his many contributions to the industry.
Lauren
Gellhaus will focus on pension plans for the institutional advisor.
Bulk of capital deployed into two private equity funds
and a real estate fund.
System, however, bested other public pension plans thanks to diversified
strategy.
System backs CoinFund Ventures among four commitments done
over the summer.
With investment firms seeking to attract
trillions from smaller investors, large allocators could have co-investment
opportunities, fee cuts reduced.
Lauren Gellhaus took over role in 2020; next
move not disclosed.
System
looks to double investing in sector in ’22, driven in part by success in
backing natural gas entities.