Chicago Public School Teachers’ Pension & Retirement Fund has allocated $30m to private equity funds following its 20 June board meeting, according to a report by Pensions & Investments.  The $12.5bn pension fund has allocated $20m to the Mesirow Private Equity Co-Investment Fund IX managed by Mesirow Financial, having previously committed $20m to Mesirow Private Equity Fund VIII-B in 2021.  A further $10m was allocated to JLC Infrastructure Fund II, overseen by a partnership between Magic Johnson Enterprises and Loop Capital Partners, following a previous $10m allocation to JLC Infrastructure Fund I in 2019.  As of 31 March, the fund's existing allocations to private equity and infrastructure stood at 8.5% and 2.3% respectively, exceeding their targets of 5% and 2%.