Wyoming State Loan and Investment Board, Cheyenne, approved commitments to Kennedy Lewis Capital Partners Master Fund IV and TPG AG Credit Solutions Fund III.
The board approved the commitments to the private credit funds managed by Kennedy Lewis Investment Management and TPG Angelo Gordon, respectively, at its April 3 meeting, two notices on its website showed.
The board does not approve specific commitment amounts.
SLIB had previously made a commitment to legacy firm Angelo Gordon’s AG Direct Lending Evergreen Fund in 2022 and made a commitment to Kennedy Lewis Capital Partners Master Fund III in 2023.
Investment consultant RVK assisted.
Wyoming State Loan and Investment Board oversees a total of $30.3 billion in state assets, which include the $11.5 billion Permanent Mineral Trust, $7.3 billion State Agency Pool of operating funds, $5.4 billion Common School Permanent Land Fund and $2.6 billion Workers Compensation Fund.