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FUNDRAISING NEWS | October 23, 2024

Altriarch Captures $70M in Commitments from Wisconsin Investment Board

Tags: Pension Funds, Private Credit, New Investment

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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