Wyoming State Loan and Investment Board, Cheyenne, approved new private equity and infrastructure commitments.
The board approved commitments to buyout funds Accel-KKR Buyout Fund VII and GTCR XIV, and IFM Global Infrastructure Fund, an open-end infrastructure fund managed by IFM Investors, at its Dec. 1 meeting, said Patrick Fleming, chief investment officer.
The board does not approve specific commitment amounts, Mr. Fleming said. The board has made numerous previous commitments to Accel-KKR and GTCR, most recently to Accel-KKR Growth Capital IV in 2021 and GTCR XIII in 2020.
The board oversees $23.8 billion in permanent funds, as well as two non-permanent funds, which include the state's $5.2 billion in operating funds.