State of Wisconsin Investment Board, Madison, disclosed private equity commitments during the fourth quarter totaling $624 million, according to materials for its board meeting Tuesday and Wednesday this week.
The board, which oversees $128.9 billion in assets including the $116.5 billion Wisconsin Retirement System, committed $250 million to Green Equity Investors VIII and $50 million to Jade Equity Investors, both buyout funds managed by Leonard Green & Partners; €150 million ($169 million) to Saros Investments, a private equity fund managed by Providence Strategic Growth Capital Partners; $50 million each to middle-market buyout fund Cortec Group Fund VII and Shamrock Capital Content Fund II, a private credit fund managed by Shamrock Capital Advisors; $25 million to growth equity fund Turn/River Capital IV; and $20 million to Volition Capital Fund IV and $10 million to Volition Capital Select Fund I, both growth equity funds managed by Volition Capital.
As of Dec. 31, the actual allocation to private equity/debt is 9.3%.