Institution: Washington State Investment Board
Headquarters: Olympia, United States
AUM: $147.42bn
Allocation to alternatives: 35.17%
Bitesize: $200-$500m
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.
To access more Washington State Investment Board insights, analysis and data, click here