Asset Allocation
Washington State Investment Board Posts 8.36% Return
The top-tier returns beat other pension plans, boosted by the pension’s plan large commitments to private markets.
Private equity returns of 27.4% help raise asset value to $126.1 billion.
Six ASEAN-focused funds have raised $500 million in the first half of 2019.
Fund planning on bulking up private investments.
For the seventh straight year, private equity is the top performer for US public pensions.
Private equity again rises to the top, but it’s not enough to help the fund clear its benchmark.
Fund’s private equity portfolio pulls returns to 6.1% as equities, timberland lag.
Space has returned 10.2% over the past decade.
Meanwhile, plan is winding down its money-losing in-state private equity program.
Firm decides not to continue ‘without him at the helm.’