Wisconsin Board of Commissioners of Public Lands, Madison, made two new infrastructure commitments totaling $45 million.
The board's investment committee approved commitments of $25 million to BlackRock Global Infrastructure Fund IV and $20 million to KKR Diversified Core Infrastructure Fund, managed by KKR & Co., said Richard Sneider, chief investment officer, in an audio recording of the board's Nov. 15 meeting.
They are the board's first commitments to infrastructure. Mr. Sneider could not be immediately reached for further information.
The Wisconsin Board of Commissioners of Public Lands oversees the state's $1.4 billion Common School Fund, which provides funding to Wisconsin's public schools, and four other state trust funds.