Minnesota State Invests $575 to Alts
Written by: Jane Bailey, Marketing Associate
The Minnesota State Board of Investments (SBI) approved four commitments to real assets, private equity, and real estate, totalling $575 million.
In real assets, $150 million was allocated to Blackstone Energy Transition Partners IV.
In real estate, $175 million was allocated to Oaktree Real Estate Opportunities Fund IX.
In private equity, $125 million was allocated to Bridgepoint Development Capital V. An additional $125 million was allocated to Whitehorse Liquidity Partners VI.
As of December 31, 2023, the Fund had a market value of $138.2 billion. 25.5% is allocated to private markets with a target allocation of 25%.
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