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Home Deal Announcements

Altriarch Secures $70MM in Committed Capital from the State of Wisconsin Investment Board

byBrianna Wilson
October 22, 2024
in Deal Announcements

Altriarch Asset Management, a private credit firm, secured a $70 million commitment from the State of Wisconsin Investment Board (SWIB). The investment allocates $20 million for Altriarch’s specialty finance strategy, launched in August 2023, that seeks to deploy capital through a network of secured finance operators across the United States. The remaining $50 million is designated as seed capital for a forthcoming strategy structured to complement Altriarch’s current capabilities._x000D_
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“This investment underscores the continued confidence that institutional investors, like SWIB, have in our team and strategies,” Danielle Brown, managing partner and co-CEO of Altriarch, said. “We are dedicated to delivering what we believe are attractive risk-adjusted returns in the illiquid credit market through disciplined underwriting and strong risk management practices.”

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