Illinois SURS commits $100 million to real estate fund

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.

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