Heitman Real Estate Debt Partners II picks up Wisconsin Investment Board
The State of Wisconsin Investment Board (SWIB) has committed $100 million to Heitman Real Estate Debt Partners II.
Heitman Real Estate Debt Partners II is a closed-end debt fund managed by Heitman. The vehicle will invest in debt assets in the United States.
The fund has already raised $300 million in a first close, according to an SEC Form D filed in the fourth quarter of 2020. The fund initially stated a $300 million fundraising goal. To date, it has received capital commitments from five investors.
SWIB’s latest commitment builds on a longstanding relationship with Heitman, dating back to 2007. The pension fund most recently invested $200 million in Heitman's Wilson HC