Washington pension considering $300m in new alts mandates

The Washington State Investment Board’s private markets committee approved two new allocations within the private markets portion of the portfolio late last week.

Trustees for the $128 billion fund will consider the new mandates at their April 15 board meeting within the private equity portfolio and within the tangible assets program.

The private markets committee approved up to $200 million to be allocated to PSG V, which is a $3.25 billion private equity fund managed by Providence Strategic Growth Partners. Consulting firm Albourne America is in agreement with the recommendation. The fund invests . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.

Get started

Back to top button

Get our daily news digest
in your inbox

Our FREE mailing list brings you daily alts intel.

Thank you for subscribing.

Something went wrong.