WSIB approves $200m commitment

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

Institution: Washington State Investment Board
Headquarters: Olympia, United States
AUM: $138.6 billion
Allocation to alternatives: 38.34%

Washington State Investment Board announced a commitment of $200 million to Thoma Bravo Fund XIV, a contact at the pension informed Private Equity International.

The $138.6 billion US public pension has a 23 percent target allocation to private equity that currently stands at 18.17 percent.

As illustrated below, WSIB tends to favour commitments to buyout vehicles within the technology sector.

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