State of Wisconsin Investment Board, Madison, disclosed private equity commitments totaling $500 million made in the third quarter, recently released investment committee meeting materials show.
In private equity, the board — which oversees $118.5 billion in assets, including the $101.1 billion Wisconsin Retirement System — committed $150 million to buyout fund Hellman & Friedman Capital Partners IX; $100 million to TSSP Opportunities Partners IV, a private credit fund managed by TPG; $75 million each to buyout funds Ridgemont Equity Partners III and Thoma Bravo Fund XIII; and $50 million each to growth equity fund JMI Equity Fund IX and Vista Equity Partners Fund VII, a buyout fund focusing on software, data and technology companies managed by Vista Equity Partners Management.
As of Nov. 30, the actual allocation to private equity was 7.4%; the target is 8%.
