Institution: West Virginia Investment Management Board
Headquarters: Charleston, US
AUM: $23.7 billion
Allocation to private equity: 11.64%
Bitesize: $10-50m
West Virginia Investment Management Board (WVIMB) has comitted $60 million to two buyout funds managed by LS Power Group and Clearhaven Partners, according to the US pension’s recent meeting.
The commitments comprise $30 million each to LS Power Equity Partners V and Clearhaven Fund II.
The $23.7 billion US public pension has an 11.64 percent allocation to private equity.
As illustrated below, WVIMB’s recent round of private equity commitments have tended to focus on US-focused buyout and venture capital vehicles with a diverse sector range.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: