All LP Sources

Minnesota SBI

Minnesota State Board of Investment

MNquarterly reportsSource disclosure
Total AUM$127.0B
Funds Disclosed310
GPs Covered106
Last Updated4/20/2026

Largest Commitments

FundGPVintageCommitmentNet IRRTVPI
BlackRock Long Term Capital, SCSPBlackRock Long Term Capital2019$950M22.4%2.11x
Blackstone Supplemental Account - MBlackstone2021$425M-2.9%0.93x
KKR North America Fund XIVKKR2024$400M
Public Pension Capital, LLCPublic Pension Capital, LLC2014$375M22.3%1.95x
Warburg Pincus Global Growth 14, L.P.Warburg Pincus2022$300M16.9%1.31x
Lexington Co-Investment Partners VILexington Partners2023$300M17.7%1.07x
Brookfield Strategic Real Estate Partners IVBrookfield2021$300M5.6%1.12x
Lexington Co-Investment Partners VLexington Partners2020$300M13.3%1.44x
Blackstone Real Estate Partners IX, L.P.Blackstone2018$300M7.2%1.25x
Blackstone Capital Partners Asia IIIBlackstone2025$300M
KKR North America Fund XIII SCSpKKR2022$300M10.0%1.22x
Oaktree Opportunities Fund XIOaktree Capital2020$300M9.2%1.33x
MN Asia InvestorsMN Asia2020$300M5.8%1.13x
Carlyle Realty Partners IXCarlyle Group2021$300M3.5%1.05x
Blackstone Capital Partners Asia II, L.P.Blackstone2022$270M29.2%1.51x
Adams Street Global Secondary Fund 7Adams Street Private2021$265.4M21.1%1.48x
CVC Capital Partners VICVC Capital Partners2014$264.3M15.3%2.04x
Summit Partners Growth Equity Fund XISummit Partners Growth2021$250M4.6%1.08x
Energy Capital Partners VIEnergy Capital Partners2025$250M
Blue Owl GP Stakes IVBlue Owl GP Stakes2018$250M32.8%2.02x
Brookfield Capital Partners V L.P.Brookfield2018$250M13.5%1.65x
Summit Partners Growth Equity XIISummit Partners Growth2024$250M
Hellman & Friedman Capital Partners XHellman & Friedman2021$250M5.5%1.16x
Blackstone GrowthBlackstone2020$250M-0.5%0.98x
Welsh, Carson, Anderson & Stowe XIII, L.P.WCAS2018$250M17.8%1.64x