MSBI confirms more than $2bn in commitments

The St Paul-based organisation has backed 18 private equity vehicles.

Institution: Minnesota State Board of Investment
Headquarters: St Paul, US
AUM: $94.1 billion
Allocation to alternatives: 17.4%

Minnesota State Board of Investment approved more than $2 billion-worth of private equity commitments across 18 vehicles at its February board meeting, a contact at the organisation confirmed to Private Equity International.

These commitments include:

MSBI currently allocates $10.54 billion to private equity investments, comprising 11.2 percent of its total investment portfolio. As illustrated below, the organisation’s recent private equity commitments have focused on buyout and venture capital vehicles globally in multiple sectors.

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