Illinois Teachers’ Retirement System, Springfield, made five new commitments totaling up to $600 million, spokesman David Urbanek said in an e-mail.
The $44.8 billion pension fund committed up to $200 million to Riverstone Global Energy & Power Fund VI, an energy fund managed by Riverstone Holdings. The pension fund’s most recent previous commitment to the manager was $250 million in May 2012 to Riverstone Global Energy & Power Fund V.
Separately, the pension fund committed $150 million to Blackstone Capital Partners VII, a private equity fund managed by Blackstone Group. The pension fund’s most recent previous Blackstone commitment was $300 million to Blackstone Real Estate Partners VIII in February. It committed $50 million to Blackstone Capital Partners VI in November 2008.
The pension fund also committed $100 million to Clearlake Capital Partners Fund IV and $50 million to Clearlake Opportunities Partners, private equity funds managed by Clearlake Capital Group. The pension fund previously committed $50 million to Clearlake Capital Partners Fund III in August 2012.
Also, the pension fund committed $100 million to Oaktree Enhanced Income Fund III, managed by Oaktree Capital Management, which invests in senior loan assets on a leveraged basis. The pension fund previously committed $100 million to Oaktree Enhanced Income Fund II in February 2014.