Illinois State Universities Retirement System, Champaign, approved two new commitments totaling $150 million.
The $23.6 billion pension fund's board approved commitments of $100 million to Pantheon Global Infrastructure Fund IV and $50 million to Blackstone Real Estate Partners Asia III, managed by Blackstone Group, at its Sept. 10 meeting, spokeswoman Beth A. Spencer confirmed in an email.
SURS previously committed €75 million ($89 million) to Blackstone Real Estate Partners Europe VI in 2019. Pantheon is a new manager for the pension fund.
As of July 31, SURS' actual allocations to its stabilized growth asset class and non-traditional growth asset class were 21.3% and 11.7%, respectively.
Stabilized growth includes core real assets, and non-traditional growth includes non-core real assets.