Wisconsin Investment Board commits to Blackstone, hires Heitman

State of Wisconsin Investment Board, Madison, committed $150 million to Blackstone Real Estate Partners VII fund.

The board, which oversees $79.9 billion in assets, also hired Heitman to manage $20 million in a real estate debt separate account.

Courtland Partners, the board’s real estate consultant, assisted, Vicki Hearing, the board’s public information officer, said in an e-mail.