Institution: Minnesota State Board of Investment
Headquarters: St Paul, United States
AUM: $74.76 billion
Allocation to alternatives: 15.8%
Minnesota State Board of Investment committed $475 million across three private equity vehicles at its December 2020 investment board meeting. These commitments were made to the institution’s existing managers.
As illustrated below, Minnesota SBI allocates 9.5 percent of its full investment portfolio to private equity. Its recent commitments to private equity have employed a wide range of strategies across multiple sectors.
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