---
title: Michigan State Investment Board Commits $385M to Private Credit, Private Equity
description: Michigan State Investment Board Commits $385M to Private Credit, Private Equity
---

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# [Michigan State Investment Board Commits $385M to Private Credit, Private Equity](https://dakotafunds.com/dakota-funds/fundraising-news/michigan-state-investment-board-commits-385m-to-private-credit-private-equity)

 Written by [Helen Bascom, Marketing Associate](https://dakotafunds.com/dakota-funds/author/helen-bascom-marketing-associate) | January 05, 2024

The Michigan State Investment Board disclosed six alternative investments totaling $385 million, according to materials from the December 13th Board meeting. 

In private credit, $100 million was committed to Lone Star Residential Mortgage Fund III, $100 million to Sixth Street CLO Equity Fund IV, and $60 million to HarbourVest Direct Lending Fund II.

Within private equity, $90 million was committed to Turning Rock Fund III, $20 million to Renaissance VC Fund V, and $15 million to Menlo Ventures XVI.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace! *

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/michigan-state-investment-board-commits-385m-to-private-credit-private-equity)

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