Institution: Minnesota State Board of Investment
Headquarters: St Paul, United States
AUM: $82.14 billion
Allocation to alternatives: 15.8%
Minnesota State Board of Investment committed $750 million across four private equity vehicles, according to its May 2021 investment board meeting. These commitments were made to the institution’s existing managers.
As illustrated below, Minnesota SBI allocates 9.5 percent of its investment portfolio to private equity. Its recent commitments to private equity have employed a wide range of strategies across multiple sectors.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.