Nebraska Investment Council, Lincoln, committed $25 million to Wayzata Opportunities Fund III, a distressed investment and special situations fund managed by Wayzata Investment Partners, confirmed Jeffrey W. States, state investment officer.
The council, which oversees a total of $18 billion in assets, committed $15 million to Wayzata Opportunities Fund II in February 2008.
Investment consultant Hewitt EnnisKnupp assisted.
