Saturday, 30 May 2015
Last updated 10 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…