LP profile · Pension fund
State Universities Retirement System
State Universities Retirement System is a pension fund headquartered in United States (North America). Ranked #50 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
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.
Major Events
- No information available.
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.