State of Wisconsin Investment Board approves $125m in commitments

The US public pension has backed two real estate vehicles.

Institution: State of Wisconsin Investment Board
Headquarters: Madison, United States
AUM: $122.22bn
Allocation to alternatives: 18.20%
Bitesize: $50-100m

State of Wisconsin Investment Board has agreed to $125 million in real estate commitments to real estate vehicles, a contact at the pension informed PERE. The commitments comprise of $75 million to Heitman’s open-ended Core Real Estate Debt Income Trust and $50 million to Blue Moon Senior Housing II.

The $122.22 billion US public pension has an 8.0 percent target allocation to real estate, which currently stands at 7.20 percent.

As illustrated below, State of Wisconsin Investment Board has made six commitments to real estate funds with a 2018 vintage, which combined constitute $775 million.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.