SWIB approves €45m commitment

The US public pension has backed a European private equity fund.

Institution: State of Wisconsin Investment Board
Headquarters: Madison, United States
AUM: $118.53bn
Allocation to alternatives: 18.0%
Bitesize: $50-100m

State of Wisconsin Investment Board (SWIB) has made a commitment of €45 million ($50.53 million) to Gilde Buy-Out Fund VI, according to their June meeting minutes report.

The $118.53 billion US public pension has a 9.0 percent of allocation to private equity/debt.

As illustrated in the chart below, SWIB has made three commitments to private equity funds with a 2019 vintage, which combined constitute $330 million.

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