Washington State Investment Board , Olympia, will commit up to $1.2...

Washington State Investment Board, Olympia, will commit up to $1.2 billion to private equity and real estate, said Liz Mendizabal, spokeswoman. The $62.9 billion fund will commit $500 million to Corporate Properties of the Americas and up to $100 million each to Oaktree Capital Management's OCM Opportunity Fund VI and Vestar Capital Partners V. It also committed $500 million to Evergreen Real Estate Partners, doubling its position.