Institution: Minnesota State Board of Investment
Headquarters: St Paul, US
AUM: $89.9 billion
Allocation to alternatives: 17.4%
The commitments comprise $100 million each to Landmark Real Estate Partners IX, Lexington Capital Partners X, Strategic Partners Fund IX and Whitehorse Liquidity Partners V. Minnesota SBI has an existing relationship with the fund managers.
As illustrated below, the pension’s recent secondaries fund commitments have focused on the private equity sector in North America and Western Europe.
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