Wisconsin Board of Commissioners of Public Lands, Madison, committed $25 million to PGIM Senior Loan Opportunities Fund II.
The board’s investment committee approved the commitment to the direct lending fund managed by PGIM Private Capital at its most recent meeting, said Richard Sneider, chief investment officer, in Feb. 4 board meeting minutes.
The Wisconsin Board of Commissioners of Public Lands oversees the state's $1.4 billion Common School Fund, which provides funding to Wisconsin's public schools; the $30 million Normal School Fund, which provides scholarships for aspiring teachers; and three other state trust funds.
