State of Wisconsin Investment Board, Madison, made two new real estate commitments totaling $300 million, according to materials for its investment committee meeting Tuesday.
The board, which oversees $118.5 billion in assets, including the $100.2 billion Wisconsin Retirement System, committed $150 million each to Lone Star Real Estate Fund VI, an opportunistic real estate fund focused on opportunities in developed international countries, managed by Lone Star Funds, and Wilson HCF Wisconsin Holdings 8, a customized real estate fund managed by Heitman.
The commitments were made between March 15 and June 20, according to the materials.
As of March 31, the actual allocation to real estate equity was 7%.
