The $136 billion Minnesota State Board of Investment approved numerous investments across the global private market landscape totaling more than $2.6 billion in new commitments.
These new commitments are on top of an already $18.6 billion private market portfolio that includes investments in private equity, private credit, real estate and real assets. The program boasts more than 100 managers in total.
The board approved a total of 21 fund commitments across private equity and private credit asset classes at trustees' Feb. 24 meeting.
A total of 18 private equity funds were . . .