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Fill venture void but protect pensions

As Wisconsin slides toward its worst year in a decade for attracting venture capital, the importance of the State Investment Board’s role in helping to fill the state’s venture void looms large.
The board, which manages more than $70 billion in government employee pension money and other state assets, started talking earlier this fall about increasing the amount it devotes to venture capital the money that bankrolls entrepreneurs as they build fledgling businesses.