Illinois State Treasurer’s Office News Releases

CHICAGO — Illinois State Treasurer Michael Frerichs today hosted the Illinois Growth and Innovation Fund (ILGIF) summit. The annual meeting was an opportunity to learn more about the state’s technology investments and its impact on expanding Illinois’ entrepreneurial ecosystem. The event also provided a chance to network with entrepreneurs, venture capital firms, and growth equity fund managers. “We are very proud to host today’s summit in one of the nation’s top innovation hubs,” Frerichs said. “The event provided a rare opportunity for firms to network with the best in the…

July 25, 2017 — Drug distributor McKesson Corp. must police itself to address the heroin and opioid epidemic or face financial consequences in their stock prices, state treasurers from Illinois , Pennsylvania and West Virginia said today. In a letter sent to McKesson leadership as it prepares to hold its annual shareholder meeting on Wednesday, the treasurers urged the drug distributor to take steps to stem the heroin and opioid epidemic. Should no action be taken, each treasurer’s office would re- evaluate its financial position in the San Francisco-based company…