The Wisconsin Board of Commissioners of Public Lands approved two investments in infrastructure funds in late 2022.
According to a board-meeting document, $25 million was committed to BlackRock Global Infrastructure Fund IV and $20 million went to the KKR Open-Ended Infrastructure Fund.
In October, BlackRock Alternatives announced that it had raised $4.5 billion of initial investor commitments in a first closing of its BlackRock Global Infrastructure Fund IV, bringing the vehicle to more than half of its targeted size of $7.5 billion.
Fund IV, the fourth vintage of BlackRock’s flagship global diversified infrastructure equity fund series, seeks to build a diversified portfolio of essential, contracted infrastructure assets and businesses worldwide that are positioned to capitalize on three long-term structural trends being accelerated by the global energy tra