The Washington State Investment Board (WSIB) has allocated $3 billion to investments in private equity, real estate and tangible assets, according to a repot by AlternativesWatch.
The $194 billion fund that includes the state’s retirement systems as well as permanent funds, has selected eight private equity funds to manage over $2 billion – The Rise Fund III ($250 million); TPG Healthcare Partners II ($120 million); Advent International GPE X ($600 million); Bridgepoint Europe VII ($200 million); Green Equity Investor IX ($300 million); Jade Equity Investors II ($150 million); PAI Europe VIII ($200 million); Thoma Bravo Fund XV ($200 million); and Thoma Bravo Discover Fund IV ($200 million).
WSIB has also allocated a $750 million real estate add-on allocation to Partners Enterprise Capital (PEC) Holdings, plus $500 million in tangible assets investments to Emerald Energy Venture, a joint venture between WSIB and National Grid North America Inc.
