Searches and Hires

Wisconsin commits $200 million to real estate in fourth quarter

State of Wisconsin Investment Board, Madison, made two new real estate commitments totaling $200 million during the fourth quarter, according to a staff report for its board meeting Wednesday.

SWIB, which oversees a total of $117 billion in assets, including the Wisconsin Retirement System's $100.3 billion, committed $100 million each to Blue Moon Separate Account I, a real estate fund managed by Blue Moon Capital Partners, and Penwood Select Industrial Partners V, a value-added real estate fund managed by Penwood Real Estate Investment Management.

As of Dec. 31, SWIB's actual allocation to real estate equity was 6%.

Vicki Hearing, SWIB spokeswoman, could not be reached immediately to provide further information.