Washington State Investment Board, Olympia, committed up to $200 million to lower-middle-market private equity fund Endeavour Capital Fund VIII, spokesman Chris Phillips said in an email.
The board, which oversees $141.8 billion in assets including $109.8 billion in defined benefit plan assets, previously committed up to $150 million to Endeavour Capital Fund VII in 2014.
As of Sept. 30, the actual allocation to private equity was 21.8%; the target is 23%.
