Institution: State of Wisconsin Investment Board
Headquarters: Madison, United States
AUM: $126.35 billion
Allocation to alternatives: 17%
The $126 billion pension’s target allocation for the asset class will increase from 9 percent to 11 percent. It expects to hit its target by the end of next year, depending on market performance, the document shows. SWIB’s long-term invested return for private equity/debt sits at 10.2 percent, with its 10-year expected return at 9.9 percent.
Private equity/debt currently makes up 9 percent of SWIB’s total portfolio.
As illustrated below, SWIB focuses on debt, growth equity and buyout investments.
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