Institution: Washington State Investment Board
Headquarters: Olympia, United States
Allocation to alternatives: 35.17%
Washington State Investment Board announced a commitment up to $300 million to Francisco Partners VI, a contact at the pension informed Private Equity International.
The US public pension has a 23.0 percent target allocation to private equity that currently stands at 16.88 percent.
The LP has made 16 commitments to funds with a 2019 or 2020 vintage, which combined constitute $4.40 billion.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.