Minnesota State Board commits $1.35 billion to private equity, real estate funds
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Minnesota State Board of Investment, St. Paul, approved private equity and real estate commitments totaling $1.35 billion at its meeting Wednesday, said Mansco Perry III, executive director and chief investment officer, in an email.
The board approved commitments of $300 million each to Blackstone Capital Partners Asia II, an Asian buyout fund managed by
Blackstone Group; Brookfield Strategic Real Estate Partners IV, a global real estate fund managed by
Brookfield Asset Management; and Carlyle Realty Partners IX, an opportunistic real estate fund managed by
The Carlyle Group.
The board also approved commitments of $150 million each to KKR MN Partnership, a private equity fund managed by
Connecticut Retirement Plans & Trust Funds, Hartford, committed a total of $150 million to two alternatives funds. Shawn T. Wooden, state treasurer and fiduciary of the $40 billion state pension system, announced at the state's investment advisory council Wednesday his decision to commit $100…
Tennessee Consolidated Retirement System, Nashville, made commitments and investments totaling up to $490 million, said Shelli King, spokeswoman for state Treasurer David H. Lillard Jr., who oversees the pension fund.
The $53.4 billion pension fund committed €200 million ($240 million) to ICG…
New Mexico council earmarks $340 million for 4 alts funds
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New Mexico State Investment Council, Santa Fe, committed a total of $340 million to four alternative investment funds, said Charles Wollmann, spokesman for the $33 billion endowments, in an email.
The council at its Tuesday meeting committed $100 million each to Carlyle Realty Partners IX, an opportunistic real estate fund managed by
The Carlyle Group; PIMCO BRAVO IV, a special situations fund managed by
Pacific Investment Management Co.; and Strategic Value Special Situations Fund V, a distressed fund managed by
Strategic Value Partners.
The council also committed $40 million to ICONIQ Strategic Partners VI, a technology growth equity fund managed by