PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

WSIB allocates combined $370m to two TPG funds

The Washington State Investment Board (WSIB) has made two new allocations totalling $370 million to two separate funds managed by TPG, according to a repot by AlternativesWatch.

The $155 billion investment has allocated $250 million to impact fund  Rise Fund III, which will make growth equity, growth buyout and venture capital investments in growth‐stage businesses across multiple industry sectors. 

In addition, the WSIB has made a sidecar allocation of up to $120 million in TPG Healthcare Partners II.

Albourne America recommended both funds with the investments extending WSIB’s private equity portfolio in-line with its existing 2022 PE annual investment plan.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured