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Sign in Sign up for a FREE subscriptionState of Wisconsin Investment Board puts more than $300m in real estate funds
The State of Wisconsin Investment Board (SWIB) has confirmed more than $300 million of commitments to three real estate funds.
According to investment reports, SWIB has committed $125 million to the Lionstone Mixed-Use Develop-To-Core Raleigh, $100 million to the Hudson Single-Family Rental Fund and $83 million to the Crow Holdings Development Opportunities Fund I.
SWIB previously had not invested with Lionstone or Crow. Hudson Advisors provides asset-management services to the Lone Star Funds and SWIB has invested in a number of funds in the Lone Star series, a spokesperson for the pension fund confirmed in an email.
SWIB has a 7 percent allocation to real estate against a 7 percent target for 2022.
For more information about this commitment or other funds, please visit our IREI.Q database.