Washington State Investment Board, Olympia, approved two new commitments to GTCR middle-market buyout funds totaling up to $300 million.
The board, which oversees $213.3 billion in assets, including $172.5 billion in its commingled trust fund of defined benefit plan assets, approved commitments of up to $200 million to GTCR Strategic Growth Fund II and up to $100 million to GTCR Capital Solutions Fund at its Nov. 21 meeting, said spokeswoman Tish Day.
GTCR Capital Solutions is a newly launched fund series that can also make debt investments.
WSIB has made commitments to numerous GTCR funds since 1999, most recently committing $650 million to GTCR Fund XIV in 2023.
As of Sept. 30, the CTF’s actual allocation to private equity was 28.3%.
