Minnesota State Board of Investment is a public pension fund that is generally interested in all segments of alternative investments, including buyouts/corporate finance, distressed debt/turnarounds, energy/oil & gas, international private equity, mezzanine, real estate, timber/farmland and venture capital. The fund was created in 1981 and is located in St. Paul, Minnesota.The Minnesota State Board of Investment is the State agency responsible for the investment management of various retirement funds, trust funds, and cash accounts.