FUNDRAISING NEWS | June 05, 2024
The State of Michigan Investment Board has made six allocations to alternatives totaling $650 million, according to materials from the June 12th Investment Board meeting.
In private credit, $150 million was committed to Dawson GP Finance Fund II. $100 million to Origami Opportunities Fund V, and an additional $100 million to Origami Opportunities Overflow Fund V.
Within real estate, $100 million was committed to GreenOak Asia USD IV. And $100 million to Rialto Real Estate.
Additionally, in private equity $100 million was allocated to Dover Street XI.
As of March 31, 2024, the $105.4 billion pension fund allocates approximately 21.8% to private equity with a target of 16%, approximately 9.3% to real estate with a target of 10%, and in real return/opportunistic approximately 10.4% with a target of 10%.
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! 
Helen Bascom is a Marketing Associate at Dakota.
