WSIB approves $800m in commitments

The US public pension has backed three infrastructure vehicles.

Institution: Washington State Investment Board
Headquarters: Olympia, United States
AUM: $111.5 billion
Allocation to alternatives: 46.9%

Washington State Investment Board committed $800 million across three infrastructure vehicles at its November 2020 retirement board meeting, a contact at the pension informed Infrastructure Investor.

The commitments comprised $350 million to ISQ Global Infrastructure Fund III; $150 million to ISQ Co-Investment Fund III; and $300 million to WSIB/Alinda Capital Partners – Separate Account.

The $111.5 billion US public pension allocates 4.9 percent of its full investment portfolio to infrastructure.

As illustrated below, WSIB’s recent infrastructure commitments have targeted global and North America-focused vehicles across various sectors. The pension’s chief investment officer is Allyson Tucker.

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