The Washington State Investment Board has tentatively approved a $200 million investment in GTCR’s latest fund.
The allocation was recommended by Albourne America and is to the GTCR Strategic Growth Fund, a private equity fund with a target size of $1.5 billion.
The proposed investment received investment committee approval and will be taken up to the full board on Nov. 18. The investment falls under the $148 billion pension fund’s private equity portfolio’s annual plan. As of mid-year, the asset class was roughly 25% of the overall portfolio with the . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
