Washington pension taps two more private equity funds

The $148 billion Washington State Investment Board added two more private equity investments in its portfolio following recommendations from staff and consulting firm Albourne America.

The Australian/New Zealand focused private equity fund BGH Capital Fund II won an investment of A$480 million ($350 million). BGH invests in middle-market and larger transactions in the region.

The GTCR Strategic Growth Fund was officially approved for a $200 million commitment at this week’s board meeting. The GTCR fund is . . .

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