The State of Wisconsin Investment Board (SWIB) has committed $100 million to Berkshire Bridge Loan Investors-MF1 III (BBLI III) and $50 million to SRP Data Center Fund I, with a $50 million co-investment to Stream Data Center Fund I Co-Invest.
BBLI III is managed by Berkshire Group and is seeking to raise $3.5 billion to provide loans on U.S. multifamily assets. Most of the debt BBLI III provides is short-duration first mortgage loans backed by high-quality sponsors.
Managed by Stream Realty Partners, SRP Data Center Fund I is investing opportunistically in data center opportunities. Stream Realty Partners is based in Dallas and develops wholesale colocation capacity and build-to-suit solutions for hyperscale and enterprise data center users.
Stream Realty Partners also develops land sites for data center deployment and provides energy procurement services for data centers.
SWIB has invested with the Berkshire Group before, having committed $50 million to
