SU
State Universities Retirement System
Pension fund · Founded 1941 · Champaign, United States
Retirement and benefit services for Illinois higher education
Who State Universities Retirement System is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The system was established in 1941 as the University Retirement System of Illinois, initially to manage benefits for University of Illinois employees.
- In 1963, the organization adopted its current name, the State Universities Retirement System (SURS), as its scope expanded to include other universities, colleges, and affiliated state agencies.
Source of Capital
- SURS is a public pension fund, with its capital sourced from employee and employer contributions, as well as investment income.
- It serves employees of 61 public higher education institutions and agencies within the state of Illinois.
Allocation Strategy
- The system's investment portfolio is diversified across multiple asset classes, including public equity, fixed income, real estate, and private equity.
- SURS has a target allocation of 10% to private equity, which includes venture capital investments.
- Geographically, the portfolio has a significant focus on North America, with a target allocation of 75% to the region.
The funds State Universities Retirement System backs.
State Universities Retirement System is a limited partner in 59 funds. 23 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How State Universities Retirement System’s fund book is spread.
The 59 funds State Universities Retirement System backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 5695%
- Europe 23%
- Rest of world 12%
United States 56 · Hong Kong 1 · Ireland 1 · United Kingdom 1
How established those managers are
Managers grouped by how many funds they have raised. 9 emerging (three funds or fewer), 27 established — across the 36 of 59 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to State Universities Retirement System by combined power-law score — North America first, then the nearest worldwide.