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SWIB slates $410m to real assets
Investors - JANUARY 30, 2026

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SWIB slates $410m to real assets

by Elise Mackanych

The State of Wisconsin Investment Board SWIB) has committed $410 million to real assets funds.

The Silver Creek Manufactured Housing Fund, a program of Silver Creek Advisory Partners, received $100 million. The fund invests in low-occupancy manufactured communities through a closed-end, value-added strategy that focuses on improving the resident experience and occupancy rates. With a fundraising goal of $500 million, this fund focuses on investments in the United States. The Virginia Retirement System committed $150 million to this fund in June 2025.

Nuveen’s U.S. Strategic Industrial Fund III received $100 million for its closed-end, value-added strategy that aims to raise $1 billion in equity. This fund invests in institutional quality industrial properties in major port and transshipment markets utilized for distribution activities and ‘last mile’ locations f

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