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FUNDRAISING NEWS | October 23, 2024
Altriarch Asset Management announced that it has secured a total of $70M in capital commitments from the State of Wisconsin Investment Board (SWIB) for an existing buyout strategy and a forthcoming fund.
The Charleston, SC-based private credit firm said in an October 22 press release that SWIB allocated $20M to its Altriarch Specialty Finance Fund, which seeks investments through a network of operators in the US secured finance industry. The pension also allocated an additional $50M as seed capital for a strategy that is yet to be launched by Altriarch to “complement [its] current capabilities.”
Per Dakota data, Altriarch oversees approximately $100M in AUM.
View the press release here.
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            Written By: Dakota
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