State of Wisconsin Investment Board, Madison, disclosed a total of $535 million in real estate commitments completed since March, according to materials for its June 23 investment committee meeting.
The board, which manages $118.5 billion in assets, including the $107.9 billion Wisconsin Retirement System, committed $200 million to Wilson HCF Wisconsin Co-Invest Holdings II, a customized core real estate fund managed by Heitman, $135 million to Carson SWIB Industrial II, a customized value-added real estate fund managed by Carson Cos., and $100 million each to FPA Core Plus Fund V, a core-plus real estatre fund managed by FPA Multifamily, and Torchlight Debt Opportunity Fund VII, a real estate debt fund managed by Torchlight Investors.
As of April 30, the actual allocation to real estate was 7.8%.