State of Wisconsin Investment Board, Madison, disclosed $674 million in private equity and real estate commitments completed in the second quarter in a report included with materials for its upcoming Sept. 13 board meeting.
Within private equity, the board, which manages $145.8 billion in assets including the $116.5 billion Wisconsin Retirement System, committed €100 million ($109 million) to European buyout fund CVC Capital Partners IX; €75 million and €25 million, respectively, to lower-middle-market buyout fund Montefiore Investment VI and small-company buyout fund Montfiore Investment Expansion Fund I; $75 million to buyout fund SkyKnight Capital Fund IV; €50 million to Rivean Capital Fund VII, a buyout fund managed by Rivean Capital; and $50 million to buyout fund Great Range Capital Fund III.
SWIB also disclosed a total of $176 million in seven separate co-investment funds in the consumer, financials, healthcare, industrials and information technology sectors. The names of the funds and their managers were not disclosed.
Within real estate, the board committed $100 million to RLIF Co-Investment Fund I, a real estate co-investment fund managed by Realterm Global.
As of June 30, the Wisconsin Retirement System's core trust fund had actual allocations of 19% and 10%, respectively, to private equity/debt and real estate.
