Invest in Wisconsin
SWIB is involved with Wisconsin businesses ranging from small, family-owned companies to billion-dollar manufacturers shipping worldwide. Some Wisconsin investments occur as part of
our everyday investment
activity in the national and global markets because Wisconsin businesses participate in these markets. Other investments in Wisconsin are made because SWIB staff make special efforts to look at some of the excellent investment opportunities around the state. As with all SWIB
holdings, these investments are done within the context of the
Board's fiduciary responsibility to the funds we manage.
New investments in Wisconsin companies for the
fiscal year
ending June 30, 2010, totaled about $463 million. The companies included are either headquartered in Wisconsin or easily
identified as having a significant portion of their business activities
in Wisconsin. Investments include:
-
$100 million of new
investments in stocks of publicly held Wisconsin companies;
-
$35 million of new
investments in high quality commercial paper issued by Wisconsin companies;
-
$355 million in NOW accounts from Wisconsin banks;
and
-
$36.5 million in
private equity (venture capital) and loans to Wisconsin companies.
The companies included in the totals are either headquartered or have a
significant portion of their business activities in the state. New and existing investments in Wisconsin domiciled companies
totaled nearly $1.13 billion. SWIB invested an additional $11.2 billion in
companies with 20 or more Wisconsin employees, bringing the total investments in
companies with economic ties to Wisconsin to over $12.3 billion at the end of
fiscal year 2010.