Washington Adds To Private Equity Porfolio

Apr 13 2007 | 11:12am ET

The Washington State Investment Board’s private markets committee recently approved up to $550 million in commitments to three private equity funds.

Specifically, the committee recommended a $250 million allocation to Providence Equity Partners VI, a $12 billion media and entertainment buyout fund. The committee also recommended an allocation of up to $100 million in Affinity Asia Pacific Fund III, a $2.5 billion fund that makes controlling equity investments in Pacific Rim countries. Both are new additions to Washington’s hefty p.e. portfolio.

The committee also voted on a $200 million allocation to Blackstone Capital Partners V.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...