Illinois Municipal builds separate accounts with Goldman, HarbourVest

Illinois Municipal Retirement Fund, pension fund, private equity
An Illinois state flag waving in the four ground of the iconic Wrigley building. Photo courtesy of 400tmax/iStock/Getty Images
Illinois Municipal Retirement Fund partnered with Goldman Sachs and HarbourVest on fund-of-one accounts to expand its exposure to private equity. The pension fund committed $100 million to Goldman and $200 million to HarbourVest in evergreen separate accounts, according to a press release. It’s not ...

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