The State of Wisconsin Investment Board (SWIB) has unveiled a series of real estate commitments made throughout third quarter 2022.
The largest commitment of $116 million went to Heitman Life Storage Co-Investment I, managed by Heitman, followed by a $100 million commitment to AIGGRE U.S. Real Estate Fund IV, an opportunistic real estate fund managed by AIG Global Real Estate.
In addition, the pension fund committed $60 million to BlackChamberFund II Priority Co-Invest, $30 million to BlackChamber Real Estate Opportunity Fund II and $13 million to BC Co-Invest Brambleton Tech Park — all opportunistic real estate funds managed by Black Chamber Partners.
In October, the pension fund said it was planning to increase its real estate allocation from 7 percent to 8 percent at the recommendation of investment adviser NEPC.
