Institution: West Virginia Investment Management Board
Headquarters: Charleston, United States
Allocation to alternatives: 32.90%
West Virginia Investment Management Board will continue with its investment plan for private equity in light of Covid-19, a source at the pension informed Private Equity International.
Over the next 12 months the pension will maintain its allocation to private equity, and has no plans of slowing down committing to funds in light of Covid-19. The $19.89 billion US public pension has a 10.0 percent target allocation to private equity that currently stands at 9.60 percent.
As illustrated below, the pension fund has historically committed to buyout funds in North America.
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