DFX Intelligence
Allocator Intelligence
The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.
State retirement system
Illinois State University Retirement System (SURS)
State retirement systemteachersIL
Assets
$24B
Total assets, Jun 30, 2024 derived
Funded
n/a
not filed
Private markets target
36.0%
policy Jun 30, 2025
Commitments
0
none on the tape
Allocation policy
ACFR, as of Jun 30, 2025
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Core Fixed Income | Fixed income | 10.0% | reported surs.org | |||
| Long Duration | Fixed income | 2.0% | reported surs.org | |||
| U.S. TIPS | Fixed income | 5.0% | reported surs.org | |||
| Long Volatility/Tail Risk | Hedge / diversifiers | 2.0% | reported surs.org | |||
| Systematic Trend Following | Hedge / diversifiers | 10.0% | reported surs.org | |||
| Private Credit | Private credit | 5.0% | reported surs.org | |||
| Public Credit Fixed Income | Private credit | 4.0% | reported surs.org | |||
| Alternative Risk Premia | Private equity | 3.0% | reported surs.org | |||
| Private Equity | Private equity | 11.0% | reported surs.org | |||
| Global Public Equity | Public equity | 35.0% | reported surs.org | |||
| Core Real Assets | Real assets | 8.0% | reported surs.org | |||
| Non-Core Real Assets | Real assets | 5.0% | reported surs.org |
Consultants and advisers
1 firms
- Northern Trust Co. Custodianthrough Jun 30, 2025 ACFR
People
2 roles
Chief investment officer
Michael C. Schlachter
Chief Investment Officer (Jun 30, 2025) surs.org
Michael C. Schlachter, CFA
Chief Investment Officer
- Suzanne M. Mayer Executive DirectorExecutive director / CEO
Manager roster
No manager relationship is on the tape for this allocator.
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
57 readings
What changed
2 events
- Jun 30, 2024Assets changedIllinois State University Retirement System (SURS) fiduciary net position $23.2B -> $24.3B (+4.9%, 2023-06-30 to 2024-06-30)
- Jun 30, 2024Assets changedIllinois State University Retirement System (SURS) total assets $22.9B -> $24.3B (+5.8%, 2023-06-30 to 2024-06-30)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: Census PID6 226223
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.