Minnesota State Invests $575 to Alts

The Minnesota State Board of Investments (SBI) approved four commitments to real assets, private equity, and real estate, totalling $575 million. 

In real assets, $150 million was allocated to Blackstone Energy Transition Partners IV.

In real estate, $175 million was allocated to Oaktree Real Estate Opportunities Fund IX. 

In private equity, $125 million was allocated to Bridgepoint Development Capital V. An additional $125 million was allocated to Whitehorse Liquidity Partners VI. 

As of December 31, 2023, the Fund had a market value of $138.2 billion. 25.5% is allocated to private markets with a target allocation of 25%. 

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Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.