Illinois TRS puts BGI on watch, plans to invest $1.2bn in private equity

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US - The Teachers' Retirement System of the State of Illinois (TRS) placed Barclays Global Investors (BGI) on watch for poor performance on a US$593m enhanced equity brief, according to a statement by TRS.

The board also outlined plans to invest up to $1.2bn in private equity in the coming year. At yesterday's board meeting, trustees added BGI to the scheme's watch list due to performance and orga...

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