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AllocatorsAllocatorstate retirement system10b-100b

Teachers' Retirement System of the State of Illinois

Allocators

Springfield, IL

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Search this name across graphsid dfx:al:56dac7d5-9267-4645-9359-5e8598ea5816

Data as of Sep 19, 2026 (this record's last observation) from Government tapes; SEC filings; What the plans publish; Pending. Page built Sep 21, 2026, 12:30 AM UTC and rebuilt at most every 15 minutes.

Relationships: 71
Dated events: 9
On other graphs: 2
Observed: Sep 15, 2026 to Sep 19, 2026

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

Teachers' Retirement System of the State of Illinois

Private equity limited partner · cited

Venture Capitalidentity

Teachers' Retirement System of the State of Illinois

Venture limited partner · cited

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Website: trsil.org
Total assets: $77Blatest reading; see basis
Assets as of: Jun 30, 2025
Assets basis: REPORTED
Participants: 456,101
Commitments: 92with an amount; holdings are counted apart
Managers: 54
Funds: 8
Re-ups: 0
First-time managers: 0
Latest commitment: Jun 2, 2025
Consultants: 3
Private markets target, %: 41latest policy, percent of assets
Private equity target, %: 15latest policy, percent of assets
Latest policy: Jun 30, 2025
People: 1

Policy targets, latest period

the latest period this plan published, every item quoted from its own report; a target is never an actual; 14 rows folded into 8

Bucket	Target %	Range low	Range high	Actual %	Actual	Period end	Basis
Short-term	2	n/a	n/a	3	n/a	Jun 30, 2025	Reported
Global income	15	n/a	n/a	16	n/a	Jun 30, 2025	Reported
Diversifying strategies	5	n/a	n/a	4	n/a	Jun 30, 2025	Reported
Private credit	8	n/a	n/a	7	n/a	Jun 30, 2025	Reported
Private equity	15	n/a	n/a	17	n/a	Jun 30, 2025	Reported
Public equity	37	n/a	n/a	36	n/a	Jun 30, 2025	Reported
Other real assets	2	n/a	n/a	3	n/a	Jun 30, 2025	Reported
Real estate	16	n/a	n/a	14	n/a	Jun 30, 2025	Reported

Consultants

Form 5500 Schedule C, Form ADV and the plan's own reports; a Schedule C relationship is current for 24 months after the plan year end

Consultant	Role	From	To	Current	Evidence	Source
Meketa Investment Group, Inc., and Stout Risius Ross, LLC	Specialist consultant	Aug 1, 2025	n/a	yes	fact	Public pension minutes
Segal Company Midwest	actuary	n/a	Jun 30, 2025	no	fact	Public pension acfr
State Street Bank & Trust Company	custodian	n/a	Jun 30, 2025	no	fact	Public pension acfr
RVK, Inc.	General consultant	n/a	Jun 30, 2025	no	fact	Public pension acfr
Aksia LLC	Specialist consultant	n/a	Jun 30, 2025	no	fact	Public pension acfr
Meketa Investment Group Inc.	Specialist consultant	n/a	Jun 30, 2025	no	fact	Public pension acfr
Capfinancial Partners, LLC	Specialist consultant	n/a	Jun 30, 2025	no	fact	Public pension acfr
Stepstone Group LLC	PE consultant	n/a	Jun 30, 2025	no	fact	Public pension acfr
Stepstone Group Real Estate LP	Re consultant	n/a	Jun 30, 2025	no	fact	Public pension acfr

Managers

managers this plan names on Schedule C or in its reports; a manager here is a reference node keyed to the private equity, venture and real estate fund graphs, never a new identity; showing 25 of 54

Manager	Mandate	From	To	Current	Evidence
Clearlake Capital Group LP	Private equity	n/a	n/a	yes	fact
Grain Management, LLC	Private equity	n/a	n/a	yes	fact
TA Associates	Private equity	n/a	n/a	yes	fact
Bregal Investments, Inc.	Private equity	n/a	n/a	yes	fact
Scale Venture Partners	venture	n/a	n/a	yes	fact
Ridgemont Partners Management, LLC	Private equity	n/a	n/a	yes	fact
RRJ Management Ltd	Private equity	n/a	n/a	yes	fact
Siris Capital Group, LLC	Private equity	n/a	n/a	yes	fact
TDR Capital LLP	Private equity	n/a	n/a	yes	fact
Thoma Bravo	Private equity	n/a	n/a	yes	fact
Fvlcrum Partners, LLC	Private equity	n/a	n/a	yes	fact
The Carlyle Group	Private equity	n/a	n/a	yes	fact
Silver Lake Technology Management, LLC	Private equity	n/a	n/a	yes	fact
SK Capital Partners	Private equity	n/a	n/a	yes	fact
Sky9 Capital Ltd.	Private equity	n/a	n/a	yes	fact
Stepstone Group LP	Private equity	n/a	n/a	yes	fact
Craft Ventures Management LP	venture	n/a	n/a	yes	fact
Fintech Collective Management LLC	Private equity	n/a	n/a	yes	fact
Foundation Capital, LLC	Private equity	n/a	n/a	yes	fact
TSG Consumer Partners LP	Private equity	n/a	n/a	yes	fact
Columbia Capital, LP	Private equity	n/a	n/a	yes	fact
Greenbriar Equity Group LP	Private equity	n/a	n/a	yes	fact
Insight Venture Partners	venture	n/a	n/a	yes	fact
Searchlight Capital Partners	Private equity	n/a	n/a	yes	fact
Adams Street Partners, LLC	Private equity	n/a	n/a	yes	fact

People

investment staff and board roles as the plan's own site or report names them; Form 5500 fiduciary signers are never published

Person	Title	Role	Asset class	Current	From	Source
R. Stanley Rupnik	Executive Director & Chief Investment Officer	Executive director	n/a	yes	n/a	Public pension acfr

Relationships

Lp of (8)

→ Sunstone Partners LLCVehicle with allocator capital
factPlan disclosure
→ Avance Investment Partners, L.P.Vehicle with allocator capitalunknown
factPlan disclosure
→ Bregal Investments L.P.Vehicle with allocator capitalunknown
factPlan disclosure
→ Silver Lake Partners, L.P.Vehicle with allocator capitalunknown
factPlan disclosure
→ Arlington Capital Partners, L.P.Vehicle with allocator capitalunknown
factPlan disclosure
→ MBK Partners, L.P.Vehicle with allocator capitalunknown
factPlan disclosure
→ Mill Point Capital Partners, L.P.Vehicle with allocator capitalunknown
factPlan disclosure
→ Morgan Creek Partners Asia, LPVehicle with allocator capitalunknown
factPlan disclosure

Advised by (9)

→ Meketa Investment Group, Inc., and Stout Risius Ross, LLCInvestment consultantSpecialist consultant
Aug 1, 2025 to presentfactBoard minutes
→ Meketa Investment Group Inc.Investment consultantSpecialist consultant
… to Jun 30, 2025factPlan annual report
→ Stepstone Group Real Estate LPInvestment consultantRe consultant
… to Jun 30, 2025factPlan annual report
→ Stepstone Group LLCInvestment consultantPE consultant
… to Jun 30, 2025factPlan annual report
→ RVK, Inc.Investment consultantGeneral consultant
… to Jun 30, 2025factPlan annual report
→ Capfinancial Partners, LLCInvestment consultantSpecialist consultant
… to Jun 30, 2025factPlan annual report
→ Aksia LLCInvestment consultantSpecialist consultant
… to Jun 30, 2025factPlan annual report
→ State Street Bank & Trust CompanyInvestment consultantcustodian
… to Jun 30, 2025factPlan annual report
→ Segal Company MidwestInvestment consultantactuary
… to Jun 30, 2025factPlan annual report

Manages for (54)

← Adams Street Partners, LLCManager with allocator capitalPrivate equity
factPlan disclosure
← Clearlake Capital Group LPManager with allocator capitalPrivate equity
factPlan disclosure
← Grain Management, LLCManager with allocator capitalPrivate equity
factPlan disclosure
← TA AssociatesManager with allocator capitalPrivate equity
factPlan disclosure
← Bregal Investments, Inc.Manager with allocator capitalPrivate equity
factPlan disclosure
← Scale Venture PartnersManager with allocator capitalventure
factPlan disclosure
← Ridgemont Partners Management, LLCManager with allocator capitalPrivate equity
factPlan disclosure
← RRJ Management LtdManager with allocator capitalPrivate equity
factPlan disclosure
← Siris Capital Group, LLCManager with allocator capitalPrivate equity
factPlan disclosure
← TDR Capital LLPManager with allocator capitalPrivate equity
factPlan disclosure
← Thoma BravoManager with allocator capitalPrivate equity
factPlan disclosure
← Fvlcrum Partners, LLCManager with allocator capitalPrivate equity
factPlan disclosure
← The Carlyle GroupManager with allocator capitalPrivate equity
factPlan disclosure
← Silver Lake Technology Management, LLCManager with allocator capitalPrivate equity
factPlan disclosure
← SK Capital PartnersManager with allocator capitalPrivate equity
factPlan disclosure
← Sky9 Capital Ltd.Manager with allocator capitalPrivate equity
factPlan disclosure
← Stepstone Group LPManager with allocator capitalPrivate equity
factPlan disclosure
← Craft Ventures Management LPManager with allocator capitalventure
factPlan disclosure
← Fintech Collective Management LLCManager with allocator capitalPrivate equity
factPlan disclosure
← Foundation Capital, LLCManager with allocator capitalPrivate equity
factPlan disclosure
← TSG Consumer Partners LPManager with allocator capitalPrivate equity
factPlan disclosure
← Columbia Capital, LPManager with allocator capitalPrivate equity
factPlan disclosure
← Greenbriar Equity Group LPManager with allocator capitalPrivate equity
factPlan disclosure
← Insight Venture PartnersManager with allocator capitalventure
factPlan disclosure
← Searchlight Capital PartnersManager with allocator capitalPrivate equity
factPlan disclosure
← A&m CapitalManager with allocator capitalPrivate equity
factPlan disclosure
← NEW Enterprise AssociatesManager with allocator capitalPrivate equity
factPlan disclosure
← NEW Mountain Capital, LLCManager with allocator capitalPrivate equity
factPlan disclosure
← Advent International, L.P.Manager with allocator capitalPrivate equity
factPlan disclosure
← NgpManager with allocator capitalPrivate equity
factPlan disclosure
and 24 more

Dated events

6 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Aug 1, 2025
Consultant changed
Teachers' Retirement System of the State of Illinois (TRS Illinois) selects Meketa Investment Group, Inc., and Stout Risius Ross, LLC as specialist consultant
Board minutesobserved 4 days ago
Occurred
Jun 30, 2025
Allocation target changed
Teachers' Retirement System of the State of Illinois raised its Diversifying strategies target 4.0% -> 5.0% (2024-06-30 to 2025-06-30)
Plan annual reportobserved 5 days ago
1 points
Occurred
Jun 30, 2025
Allocation target changed
Teachers' Retirement System of the State of Illinois cut its Global income target 26.0% -> 15.0% (2024-06-30 to 2025-06-30)
Plan annual reportobserved 5 days ago
-11 points

Show 6 bookkeeping events

Occurred
Jun 11, 2026
Teachers' Retirement System of the State of Illinois (TRS Illinois) adopts a policy change: asset allocation policy
Occurred
Jun 11, 2026
Teachers' Retirement System of the State of Illinois (TRS Illinois) adopts a policy change: asset allocation policy
Occurred
Jun 30, 2024
Teachers' Retirement System of the State of Illinois fiduciary net position $66.5B -> $71.4B (+7.4%, 2023-06-30 to 2024-06-30)
Occurred
Jun 30, 2024
Teachers' Retirement System of the State of Illinois total assets $66.3B -> $71.2B (+7.4%, 2023-06-30 to 2024-06-30)
Occurred
Jun 30, 2023
Teachers' Retirement System of the State of Illinois fiduciary net position $62.8B -> $66.5B (+5.8%, 2022-06-30 to 2023-06-30)
Occurred
Jun 30, 2023
Teachers' Retirement System of the State of Illinois total assets $62.5B -> $66.3B (+6.0%, 2022-06-30 to 2023-06-30)

Provenance

Graph: Allocators
Canonical id: dfx:al:56dac7d5-9267-4645-9359-5e8598ea5816
First observed: Sep 15, 2026
Last observed: Sep 19, 2026 33 h ago
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

Teachers' Retirement System of the State of Illinois

Allocators

Springfield, IL

This is the graph view. The full profile, with its team, deals and sources, is on Allocators.Open the full profile →

Search this name across graphsid dfx:al:56dac7d5-9267-4645-9359-5e8598ea5816

Bucket

Target %

Range low

Range high

Actual %

Actual

Period end

Basis

Short-term

n/a

Jun 30, 2025

Reported

Global income

n/a

Jun 30, 2025

Reported

Diversifying strategies

n/a

Jun 30, 2025

Reported

Private credit

n/a

Jun 30, 2025

Reported

Private equity

n/a

Jun 30, 2025

Reported

Public equity

n/a

Jun 30, 2025

Reported

Other real assets

n/a

Jun 30, 2025

Reported

Real estate

n/a

Jun 30, 2025

Reported

Consultant

Role

From

Current

Evidence

Source

Meketa Investment Group, Inc., and Stout Risius Ross, LLC

Specialist consultant

Aug 1, 2025

n/a

yes

fact

Public pension minutes

Segal Company Midwest

actuary

n/a

Jun 30, 2025

fact

Public pension acfr

State Street Bank & Trust Company

custodian

n/a

Jun 30, 2025

fact

Public pension acfr

RVK, Inc.

General consultant

n/a

Jun 30, 2025

fact

Public pension acfr

Aksia LLC

Specialist consultant

n/a

Jun 30, 2025

fact

Public pension acfr

Meketa Investment Group Inc.

Specialist consultant

n/a

Jun 30, 2025

fact

Public pension acfr

Capfinancial Partners, LLC

Specialist consultant

n/a

Jun 30, 2025

fact

Public pension acfr

Stepstone Group LLC

PE consultant

n/a

Jun 30, 2025

fact

Public pension acfr

Stepstone Group Real Estate LP

Re consultant

n/a

Jun 30, 2025

fact

Public pension acfr

Manager

Mandate

From

Current

Evidence

Clearlake Capital Group LP

Private equity

n/a

yes

fact

Grain Management, LLC

Private equity

n/a

yes

fact

TA Associates

Private equity

n/a

yes

fact

Bregal Investments, Inc.

Private equity

n/a

yes

fact

Scale Venture Partners

venture

n/a

yes

fact

Ridgemont Partners Management, LLC

Private equity

n/a

yes

fact

RRJ Management Ltd

Private equity

n/a

yes

fact

Siris Capital Group, LLC

Private equity

n/a

yes

fact

TDR Capital LLP

Private equity

n/a

yes

fact

Thoma Bravo

Private equity

n/a

yes

fact

Fvlcrum Partners, LLC

Private equity

n/a

yes

fact

The Carlyle Group

Private equity

n/a

yes

fact

Silver Lake Technology Management, LLC

Private equity

n/a

yes

fact

SK Capital Partners

Private equity

n/a

yes

fact

Sky9 Capital Ltd.

Private equity

n/a

yes

fact

Stepstone Group LP

Private equity

n/a

yes

fact

Craft Ventures Management LP

venture

n/a

yes

fact

Fintech Collective Management LLC

Private equity

n/a

yes

fact

Foundation Capital, LLC

Private equity

n/a

yes

fact

TSG Consumer Partners LP

Private equity

n/a

yes

fact

Columbia Capital, LP

Private equity

n/a

yes

fact

Greenbriar Equity Group LP

Private equity

n/a

yes

fact

Insight Venture Partners

venture

n/a

yes

fact

Searchlight Capital Partners

Private equity

n/a

yes

fact

Adams Street Partners, LLC

Private equity

n/a

yes

fact

Person

Title

Role

Asset class

Current

From

Source

R. Stanley Rupnik

Executive Director & Chief Investment Officer

Executive director

n/a

yes

n/a

Public pension acfr