State of Wisconsin Investment Board, Madison, plans to commit $700 million to private equity firms. Hamilton Lane, private equity consultant to the $93 billion fund, will assist in finding possible candidates, said Vicki Hearing, SWIB public information officer. The fund will not issue an RFP. Fund officials hope to hire the managers and make the commitments by years end. SWIB has 3% of assets allocated to private equity, and its target is 5%.