The $166 billion State of Wisconsin Investment Board (SWIB) is planning a vote to increase its real estate allocation from 7 percent to 8 percent at the recommendation of investment adviser NEPC.
According to reports, the increase is part of a plan to lift the private market allocation of pension funds in favor of its public market portfolio. The vote could take place in December.
The pension fund could not be reached to comment on its investment at the time of publication.
