Private Equity News & Analysis

LP PROFILE – Washington State Investment Board

LP PROFILE 2007-03-01 Staff Writer <italic>Head office</italic>Tel: +1 360 956 46002100 Evergreen Park DriveFax: +1 360 956 4780P.O. Box 40916www.sib.wa.govOlympia, WA 98502USAASSETS / FUNDS UNDER MANAGEMENT$63 billionYEAR FIRST INVESTED IN PRIVATE EQUITY1981ALLOCATION TO PRIVATE EQUITY / ALTERNA

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Head officeTel: +1 360 956 46002100 Evergreen Park DriveFax: +1 360 956 4780P.O. Box 40916www.sib.wa.govOlympia, WA 98502USAASSETS / FUNDS UNDER MANAGEMENT$63 billionYEAR FIRST INVESTED IN PRIVATE EQUITY1981ALLOCATION TO PRIVATE EQUITY / ALTERNATIVES17% target allocation (14.5% invested as of June 30, 2005)PRIVATE EQUITY INVESTMENT APPETITE

North America Europe
Generalist • •
Buyout / Later Stage • •
Venture • •
Mezzanine / Subordinated Debt • •
Fund of Funds • •
Turnaround • •
Secondaries

CONTACTS

Mr. Gary Bruebaker Mr. Thomas Ruggels
Chief Investment Officer Senior Investment Officer,
Tel: +1 360 856 4620 Private Equity
Fax: +1 360 956 4780 truggels@sib.wa.gov
gbruebaker@sib.wa.gov Olympia, Washington
Olympia, Washington

SELECTED FUNDS

FUND NAME Umanager SIZE YEAR FUND TYPE REGION
Avenue Asia Special Situations IV Avenue Capital Group $1 billion 2006 Turnaround / Distressed Asia/Pacific
Avenue Special Situations Fund IV Avenue Capital Group $1700 million 2005 Turnaround / Distressed International
BC European Capital VIII BC Partners $6600 million 2005 Buyout Western Europe
Brentwood Associates Buyout IV Brentwood Associates $500 million 2006 Buyout North America
Blackstone Capital Partners V Blackstone Capital Partners $15600 million 2006 Buyout North America
Fortress Investment Fund IV Fortress Investment Group 2005 Diversified Private Equity International
GTCR IX GTCR Golder Rauner $2 billion 2006 Buyout North America
KKR 2006 Fund Kohlberg Kravis Roberts $16500 million 2006 Buyout North America
KSL Capital Partners II KSL Capital Partners $950 million 2006 Buyout North America
Madison Dearborn Capital Partners V Madison Dearborn Partners $6500 million 2005 Buyout North America
Menlo Ventures X Menlo Ventures $1200 million 2005 Venture Capital North America
Nordic Capital Fund VI Nordic Capital €1900 million 2005 Buyout North America
OVP VII OVP Venture Partners $204 million 2006 Early-Stage North America
Palamon European Equity II Palladium Equity Partners €670 million 2005 Buyout Western Europe
TPG Partners V Texas Pacific Group $15 billion 2005 Buyout North America
Vestar Capital Partners V Vestar Capital Partners $3700 million 2005 Buyout North America
Warburg Pincus Private Equity IX Warburg Pincus $8000 million 2005 Diversified Private Equity International