South Dakota Investment Council, Pierre, committed up to $150 million to Starwood Global Opportunity Fund X, a real estate fund managed by Starwood Capital Group.
The council approved the commitment of up to $135 million for the $9 billion South Dakota Retirement System and up to $15 million total for the $441 million Education Enhancement Trust Fund, $269 million Dakota Cement Trust Fund, $222 million School and Public Lands Fund, and $121 million Health Care Trust Fund, said recently released board meeting minutes.
The council previously committed $50 million to Starwood Distressed Opportunity Fund IX in November 2012.
Matthew Clark, state investment officer, did not respond to replies for further information by press time.
