State of Wisconsin Investment Board, Madison, disclosed a commitment of $100 million to Heitman Real Estate Debt Partners II.
The board, which manages $132.1 billion in assets, including the $109.7 billion Wisconsin Retirement System, closed the commitment between Sept. 14 and Dec. 11, according to Dec. 22 investment committee meeting materials.
SWIB has made multiple commitments to previous Heitman funds, most recently committing $200 million to customized core real estate fund Wilson HCF Wisconsin Co-Invest Holdings II earlier in 2020.
As of Oct. 31, the actual allocation to real estate was 7.4%.