Pension fund commits $100m to Blackstone Real Estate Partners Asia II. : Teachers’ Retirement System of the State of Illinois is investing $100m (€84.7m) in Blackstone’s latest Asian real estate fund. The pension fund confirmed to IPE Real Estate that it had committed capital to Blackstone Real Estate Partners Asia II. Earlier this month, IPE Real Estate reported that another pension fund – Illinois Municipal Retirement Fund – had invested in the fund and that Blackstone was seeking to raise $5bn.