State of Wisconsin Investment Board, Madison, made seven new private equity commitments totaling $385 million, said board meeting materials provided by spokeswoman Vicki Hearing.
The board, which oversees $104.1 billion in assets, including $94.6 billion of the Wisconsin Retirement System, committed $100 million to Warburg Pincus Energy Fund, a global energy fund. The board previously committed $100 million to Warburg Pincus Private Equity XI in August 2012.
The board also committed $75 million to buyout fund Lindsay Goldberg IV. The board committed $150 million to the manager’s second fund in 2006 and $100 million to the third fund in 2008.
In addition, the board announced commitments to five private equity managers for the first time.
It committed $50 million to CapVest Equity Partners Fund III, a middle-market buyout fund that focuses on Europe managed by CapVest Associates.
The board also committed $50 million to EnCap Flatrock Midstream Fund III, a private equity fund focused primarily on the oil and gas industry.
Also, the board committed $50 million to Patria Brazilian Private Equity Fund V, a buyout fund managed by Patria Investimentos.
The board also committed $35 million to Charlesbank Equity Fund VIII, a private equity fund that invests in middle-market and growth capital financings managed by Charlesbank Capital Partners.
Finally, the board committed $25 million to private equity fund New Capital Partners Private Equity Fund III.