Investment Adviser and Consultant Contracts
To ensure transparency, Public Act 96-0006 requires Illinois public pension plans to disclose information describing investment adviser and consultant contracts. TRS is fully committed to transparency of all information about its investment adviser and consultant contracts in accordance with the Illinois Pension Code, 40 ILCS 5/1-113.14. The information is current to the last-completed and audited quarter (March 31, June 30, September 30, and December 31), and is updated quarterly.
All investment advisers render services pursuant to written contract with the System. The contract information lists each account managed because some advisers manage multiple accounts under one contract. Investment Adviser and Consultant Contract information document is available below.
Annual Report to the Governor and General Assembly
Public Act 96-0006 also requires Illinois public pension plans to annually submit a report to the Governor and the General Assembly pursuant to the Illinois Pension Code, 40 ILCS 5/1-109.1(8), which includes policies and goals for utilization of emerging investment managers, racial-, ethnic-, and gender-diverse fiduciaries, consultants and senior staff, and minority-, female-, and disabled-owned businesses and broker-dealers. The Annual Report to the Governor and General Assembly (PDF) is available below.
TRS Investment Relationships
The most current listing is available below.
Public Act 99-128 requires Illinois public pension plans to adhere to a list of restricted companies assembled by the Illinois Investment Policy Board pursuant to the Illinois Pension Code, 40 ILCS 5/1-110.16. Companies on the list include Iran restricted companies, Sudan restricted companies, and companies that boycott Israel. The Prohibited Investment List is available at this link.