Washington State Investment Board Allocates $1.4B to Alts

The Washington State Investment Board approved three allocations to alternatives totaling $1.3 billion, according to materials from the June 20th board meeting. 

In private equity, $400 million was committed to TPG Rise Climate II and $800 million to Evergreen Park Investment Fund.

And in private credit, $125 million was allocated to FP Credit Partners III. 

As of March 31, 2024, the pension fund was valued at approximately $165 billion.

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