Illinois pension commits $100m to pan-Asia buyout fund

Hong Kong-based Baring PE Asia's latest fund looking to raise total of $8.5bn

20220817 TRS

A commitment of $100 million from the Teachers’ Retirement System (TRS) of the State of Illinois will be invested across Asia. (Source images by Getty Images and Teachers' Retirement System of the state of Illinois website)

MARS W. MOSQUEDA JR., DealStreetAsia

CEBU, Philippines -- U.S. pension fund Teachers' Retirement System (TRS) of the State of Illinois has committed $100 million to Hong Kong-based Baring Private Equity Asia's eighth pan-Asia buyout fund, according to an announcement.

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