Investors

SWIB approves $100m commitment to Penwood Select Industrial Partners V

The US public pension has backed a US-focused fund.

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State of Wisconsin Investment Board approved $100 million commitment to Penwood Select Industrial Partners V.

The $113 billion US public pension has an 8 percent target allocation to real estate that currently stands at 7 percent.

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