Illinois State Universities Retirement System, Champaign, committed $100 million to Dune Real Estate Fund III, managed by Dune Capital Management, Daniel L. Allen, SURS chief investment officer, said in an e-mail.
SURS committed $40 million to Dune Real Estate Fund II in 2008.
SURS oversees $14.9 billion in defined benefit and $1.2 billion in 401(a) assets.
