Washington State Investment Board
NotableOne of the most PE-heavy U.S. public pension allocators.
LP & Institutional CapitalFirmGlobal
Target market
Buyout, growth, venture and secondaries funds globally
Geography
Global
Overview
The Washington State Investment Board manages the retirement assets of Washington's public employees and runs one of the largest and most committed private-equity programs of any U.S. public pension, with roughly a quarter of its commingled trust fund in the asset class. It is known for scaling repeat commitments to long-standing managers across buyout, growth and co-investments.
Key facts
- Targets roughly 25%+ of pension assets to private equity
- Hundreds of fund commitments across strategies and vintages
- Long history of re-upping with established managers
- Based in Olympia, Washington