The $5.3 billion Illinois State Board of Investment, Chicago, made $20 million in alternative investment commitments. The Illinois Board committed $10 million to the Golder Thoma Cressey Rauner Fund V, which focuses on industry consolidation, and $10 million to Madison Dearborn Partners II, a buy-out and special equity fund, said Jane Patterson, executive director.
The $5.3 billion Illinois State Board of Investment, Chicago, made $20...
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