Illinois Teachers pulls $264m quant hedge fund investment as additional alt allocations announced hedgeweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hedgeweek.com Daily Mail and Mail on Sunday newspapers.
Illinois Teachers Retirement System's investment staff informed trustees of up to $2.6 billion in alternative commitments and manager hires from August to October during its Oct. 21 board meeting, according to a news release.
Three strategies totaling $1.1 billion also were terminated, the news…