SWIB approves $50m commitment

The US public pension has backed a multi region private debt fund.

Institution: State of Wisconsin Investment Board
Headquarters: Madison, United States
AUM: $118.53bn
Allocation to alternatives: 18.0%
Bitesize: $50-100m

State of Wisconsin Investment Board (SWIB) has made a commitment of $50 million to GSO Energy Select Opportunities Fund II, according to their June meeting minutes report. The distressed debt fund is managed by Blackstone.

The $118.53 billion US public pension has a 9.0 percent of allocation to private debt/equity.

As illustrated in the charts below, SWIB has made two commitments focused on private debt with a vintage of 2018, which combined constitute $150 million.

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