DakotaLogo2024
DakotaLogo2024
Book A Demo

FUNDRAISING NEWS | March 14, 2023

Michigan Investment Board Commits $500M in Q4

Tags: Pension Funds, Alternative Insights, Real Estate, Private Equity

The State of Michigan Investment Board has disclosed $500 million in new investments made in the fourth quarter of 2022. 

$150 million was allocated to private equity fund, GTCR Fund XIV. 

In Real Estate, $300 million was committed to Lone Star Fund XII. Additionally, $50 million was committed to Avanath Affordable Housing Renaissance Fund, managed by Avanath Capital Management. 

As of December 31, 2022, the $92.6 billion pension fund allocates approximately 24.2% to private equity and 10.8% to real estate. Their target allocations for private equity and real estate are 16% and 10% respectively. 

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

New call-to-action

Written By: John Washington, Data Research Analyst

John Washington is the Data Research Analyst at Dakota.

logo-1

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Address

925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481

Products & Services

Resources

Events

Company

© Dakota 2025 | Terms of Use | Privacy Policy | California Privacy Policy