US pension commits $200m to Baring PE Asia, Blackstone's Asia real estate fund

US pension commits $200m to Baring PE Asia, Blackstone's Asia real estate fund

Hong Kong. Source: Robert Bye/Unsplash

The Illinois Municipal Retirement Fund (IMRF) Board of Trustees has approved up to $100 million commitment each to Baring Asia’s eighth private equity fund and Blackstone’s third Asia real estate fund.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter