The $145 billion Washington State Investment Board has added to its tangible assets portfolio, which invests in real assets and infrastructure holdings across agriculture, minerals and mining, energy and society essentials.
The latest investment was a $250 million commitment to Oaktree Transportation Infrastructure Capital Partners. The fund’s objective is to invest in North American transportation hard assets and operations that facilitate a movement of goods and people via land, sea and air.
The investment board received a recommendation for the Oaktree Capital Management fund by consultant Meketa.
