State of Wisconsin Investment Board, Madison, disclosed private equity commitments during the fourth quarter totaling $736 million, according to materials for its board meeting Tuesday and Wednesday.
The board, which manages $143.9 billion in assets, including the $120.2 billion Wisconsin Retirement System, committed $125 million to buyout fund GTCR Fund XIII; $100 million to Arbor Investments V and $50 million to Arbor Debt Opportunities Fund II, both private equity funds managed by Arbor Private Investment Co.; and $100 million to Blackstone COF IV Co-Investment Fund, a private equity co-investment fund managed by Blackstone Group.
The board also committed $75 million to FountainVest China Capital Partners Fund IV, a growth equity and middle-market buyout fund managed by FountainVest Partners; €60 million ($71 million) to Waterland Private Equity Fund VIII, a buyout fund managed by Waterland Private Equity Investments; $50 million each to growth equity fund Avenir Growth Partners III, growth equity fund Denali Growth Partners Fund and Hughes Growth Equity Fund I, a growth equity fund managed by Hughes & Co.; $40 million to middle-market private equity fund Staple Street Capital III; and $25 million to Coyote 2020, a middle-market buyout fund managed by The Jordan Co.
As of Dec. 31, the actual allocation to private equity/debt was 10%.
Source: Pensions & Investments
