Tag: Washington State Investment Board
New allocation adds to WSIB’s already outsized allocation to these assets, which has helped cushion it amid equity market turbulence.
Allyson Tucker will replace Gary Bruebaker, who served as CIO since 2001.
The latest commitments are part of efforts by the system’s investment staff to maintain a large percentage of plan assets in private markets.
The new commitments are part of the plan to keep private market investments to around 40% of the fund.
The majority of the $700 million commitment deployed as part of a network of real estate organizations controlled by the pension plan.
Majority of commitments go to two private equity funds.