Illinois Municipal pulls pledge to Oaktree infra after changes, turnover


Illinois Municipal Retirement System, Oaktree Capital Management, private equity, pension fund
Oak leaves in autumn. Photo courtesy Fleckus/iStock/Getty Images
Illinois Municipal Retirement System pulled a $100 million commitment to Oaktree Capital Management’s Transportation Infrastructure Fund after changes in team and structure of the pool, the system said at its Aug. 23 meeting. Beginning in 2015 Oaktree had been marketing ...

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