The $117 billion State of Wisconsin Investment Board’s (SWIB) has purchased a 20 percent stake, valued at $150 million, in a U.S. self-storage portfolio via a Heitman managed co-investment vehicle, Heitman Storage Partners Co-Investment.
Also separately, the pension fund invested $170 million for a 75 percent stake in an 825,000-square-foot office building at 235 East 42nd Street in New York City.
In addition, the pension fund made commitments to two funds.
Approximately $100 million was invested in a new separate account with Security Capital Research & Management known as Security Capital Liquid Core Account, which will target core U.S. properties.
And another $100 million commitment was made to the $1.5 billion Torchlight Debt Opportunity Fund VI, managed by Torchlight Investors.
In recent news, State of Wisconsin Investment Board appointed David Villa as executive director. He has been the investment board’s chief investment officer since 2006. He will continue to serve as CIO while also working as the executive director.
