Wyoming State Loan and Investment Board, Cheyenne, committed $60 million to Nautic Partners X and its sidecar fund, Nautic Partners X-A, confirmed Patrick Fleming, chief investment officer, in an email.
The board approved the commitment to the middle-market buyout fund at its June 3 meeting.
Investment consultant RVK assisted.
The board oversees $23.4 billion in permanent funds, including the $9.4 billion Permanent Mineral Trust, $4.6 billion Common School Permanent Land Fund and $2.6 billion Workers Compensation Fund, as well as two non-permanent funds, which include the state’s $4.1 billion in operating funds.
