WSIB approves $100m commitment

The US public pension has backed a North America focused fund.

Institution: Washington State Investment Board
Headquarters: Olympia, United States
AUM: $141.79bn
Allocation to alternatives: 35.17%
Bitesize: $200-500m

Washington State Investment Board has committed up to $100 million to Lime Rock Resources V, a contact at the pension informed Private Equity International.

The $141.79 billion US public pension has a 23.00 percent target allocation to private equity that currently stands at 16.88 percent.

As illustrated in the charts below, the LP has made nine commitments to private equity funds in 2019, which combined constitute $3.30 billion.

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