State of Wisconsin Investment Board approves $75m commitment

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 agreed to commit $75 million to Heitman’s open-ended Core Real Estate Debt Income Trust, a contact at the pension informed Private Debt Investor.

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 in the chart below, State of Wisconsin Investment Board has made five commitments to private debt funds with a 2018 and 2019 vintage, which combined constitute $425 million.

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