State of Wisconsin Investment Board, Madison, disclosed two real estate commitments totaling $125 million in materials for its investment committee meeting Tuesday.
The board, which oversees $122.2 billion in assets, including the $103.3 billion Wisconsin Retirement System, made a follow-on commitment of $75 million to open-end real estate debt fund Heitman Core Real Estate Debt Income Trust and $50 million to Blue Moon Senior Housing II, a value-added real estate fund managed by Blue Moon Capital Partners.
The board has made multiple commitments to both managers, most recently committing $100 million to Blue Moon Separate Account I and $150 million to Heitman's Wilson HCF Wisconsin Holdings 8, a customized real estate fund.
As of June 30, the actual allocation to real estate was 7.1%.