SWIB approves $150m in commitments

The US public pension has backed two North American private debt funds.

Institution: State of Wisconsin Investment Board
Headquarters: Madison, US
AUM: $132.06 billion
Allocation to alternatives: 17.0%

State of Wisconsin Investment Board has agreed to commit $100 million to TSSP Adjacent Opportunities Partners (open-ended) and $50 million to Harvest Partners Structure Capital Fund III, according to the pension’s Q3 2020 report.

The $132.06 billion US public pension has a 10.0 percent allocation to private debt and equity, which are grouped together as a single asset class within the pension’s portfolio.

As illustrated below, the pension fund’s recent commitments have been to funds focused on the corporate sectors within Asia-Pacific, Europe, the Middle East and Africa, and North America.

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