The State of Wisconsin Investment Board (SWIB) has reportedly committed $321 million total to five investment vehicles, according to news reports tracked by the IREI.Q database: FPA Core Plus Fund VI, Lone Star Real Estate Fund VII, Heitman U.S. Closed-End Debt Fund III, Realterm Airport Logistics Properties and RLIF Co-Investment Fund II. SWIB declined to comment on specific investment allocations.
FPA Core Plus Fund VI, managed by FPA Multifamily LLC, is a closed-end, core-plus fund focused on multifamily properties in the United States. This fund received $50 million.
Lone Star Real Estate Fund VII, a vehicle of Lone Star Funds, received $150 million. This investment program is a closed-end, value-added and opportunistic fund focused on diversified properties in the global market.
Heitman U.S. Closed-End Debt Fund III, a program of Heitman, received $50 million. This fund is a closed-end, value-added fund focusing on diversified properties in the United State
