Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees, during their meetings in Chicago, IL, June 5 and 6, approved finalists in Fixed Income Public Credit Manager Searches. Based upon the recommendation from SURS Staff and Meketa, the following firms were retained:
- CFI Partners for a multi-strategy credit mandate not to exceed $200 million dollars
- Oaktree Capital Management for a multi-strategy credit mandate not to exceed $500 million dollars as well as for a convertible fixed income mandate not to exceed $200 million dollars
- Advent Capital Management for a convertible fixed income mandate not to exceed $200 million dollars
In other business:
- The fiduciary liability insurance coverage to be provided by Alliant Insurance Services was renewed under the agreed upon terms and rates presented.
- The two-year Audit Plan was approved as presented.
- The Fiscal Year 2026 Budget was approved as presented.
The next meetings of the SURS Board of Trustees will be September 11 and 12, 2025.