Asset Owner Directory

Illinois Municipal Retirement Fund

Since 1941, IMRF has provided employees of local governments and school districts in Illinois (with the exception of the City of Chicago and Cook County) with a sound and efficient system for the payment of retirement, disability, and death benefits


United States

AUM ($B)




Chief Executive

Brian Collins

Chief Investment Officer

Angela Miller


Gwen Henry

Asset allocation
Target Allocation as of December 31, 2020 was as follows: Domestic Equity (37%), International Equity (18%), Fixed Income (28%), Real Estate (9%), Alternatives (7%), Cash & Equivalents (1%)

43.1% Domestic Equities

19.2% International Equities

24.5% Fixed Income

6.4% Real Estate

6.3% Alternatives

0.5% Cash and Equivalents related articles
Investor Profile

Why small is beautiful at Illinois’ IMRF

The $42 billion Illinois Municipal Retirement Fund is dedicated to investing in emerging managers with a commitment of 22 per cent of its total portfolio. The relationship with minority and women-owned managers is mutually beneficial. Sarah Rundell talks to head of the IMRF emerging managers program and the co-chief investment officer of equities at one of its managers, Piedmont.
Featured Story

Illinois looks inward for new portfolio

The $42 billion Illinois Municipal Retirement Fund is using its enhanced internal management capabilities to start a quantitative portfolio applying multifactor strategies. The strategy is designed to build some downside protection into the fund’s equities allocation.
Uncategorised posts

Six US public funds top the class

A study examining funding policy, benefit design, and economic assumptions of six US public funds, which managed to endure the economic turmoil, shows some consistent features that could be emulated for fund persistence. fund design, National Institute on Retirement Security (NIRS)Asset Owner:Teacher Retirement System of TexasIllinois Municipal Retirement Fund
Asset Owner Directory