State of Wisconsin Investment Board approves $275m in commitments

Institution: State of Wisconsin Investment Board
Headquarters: Madison, United States
AUM: $122.22bn
Allocation to alternatives: 18.20%
Bitesize: $50-100m

State of Wisconsin Investment Board has approved $275 million in private debt commitments, according to the pension’s latest quarterly report.

The commitments comprise of $100 million to Lone Star Real Estate Fund VI, $50 million to GSO European Senior Debt Fund II and $75 million to Clearlake Opportunities Partners II.

The $122.22 billion US public pension has a 9.0 percent actual and target allocation to private equity and debt, which are grouped together within the pension’s portfolio.

As illustrated below, State of Wisconsin Investment Board has made five commitments to private debt funds with a 2018 or 2019 vintage, which combined constitute $425 million.

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