Teachers' Retirement System of the State of Illinois (TRS)

About this data

Holdings as this LP reports them, fund by fund. Amounts are the market value it reports for each holding; the report gives no commitments. As of June 30, 2025. Source: TRS Annual Comprehensive Financial Report, fiscal year 2025: Investment Assets Under Management, Private Equity. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.

TRS lists each private equity partnership with one amount, its "Assets" at the fiscal year end, in the schedule "Investment Assets Under Management" of its Annual Comprehensive Financial Report (shown here as the market value, in whole dollars as printed). It reports no commitment amount, contributions, distributions, vintage year, multiple or IRR per fund, so committed, paid-in, distributed, total value, IRR, TVPI and DPI are blank; nothing is derived or estimated. All 263 entries under the schedule's "Private Equity" heading are included as TRS classifies them (buyout, growth, venture, co-investment and separately managed vehicles; 53 are "Annex" entries that TRS lists separately beside a fund of the same manager); the Public Equity, Real Assets, Income and Diversifying Strategies groups are not imported. The entries add up to $12,776,014,572, which equals the fair value of private equity partnerships in the notes to the report's financial statements ($12,776,014,570). The schedule's own note says it does not include managers terminated before June 30, 2025 with residual assets in the account.