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

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note