
Newsmakers
Illinois SURS Hires Michael Schlachter as New CIO
Schlachter will replace Doug Wesley, whose retirement was announced recently.
Schlachter will replace Doug Wesley, whose retirement was announced recently.
The $22.6 billion pension fund is also seeking investment analysts for fixed income, equities and real assets.
Strategies include global investment grade, high yield, global bank loans, emerging market debt.
Investment returns fell by 50% from 2017 for state and university educators.