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wsib invests over 1 billion Washington State Investment Board commits $1.

2 billion The number one organisation for investment decisions in the state of Washington, the Washington State Investment Board (WSIB), pledged over $1 billion in investment funds to a few accounts this month. As outlined by formal representative Ms. Liz Mendizabal, the Washington State Investment Board dedicated money to independent equity agency TPG Capital Strategic Partners; acquisition firm Permira Advisors Group; monetary fund administrators Wood Creek Capital Management; and then Agriculture Capital Management, an equity organization. The 4 organizations have acquired financial resources in specific accounts: the worldwide TPG Capital Strategic Partners Account equity fund received $600 million, the biggest pay out from the WSIB; $302 million was given to Permira V, of Permira Advisers Group; $250,000,000 to Wood Creek's Steelhead Midstream fund; and ACM Permanent Crops got $50 million. The TPG Capital Strategic Partners Account stands out as the leading service at the company of the exact same title, focusing throughout the world on a variety of industries across fiscal solutions, marketing, and medical care amongst others. TPG Capital Strategic Partners received monetary funds prior to this, with around $2 billion contributed since the year 2000. Permira V is the newest monetary fund to be developed by Permira Advisors Group, that holds about 2,200,000,000 ($3,050,000,000) as of the spring '13. By the spring of 2014, the account is predicted to arive at approximately $5,500,000,000 and $7,600,000,000. Permira Advisers Group is relatively new to the WSIB's attention, and has just received one settlement of $1.38 million in the past. The WSIB is the owner of 98.5% of the Steelhead Midstream share. The account is focused on agricultural investment funds, with the vast majority in the United States . The WSIB is focused on improving the financial resources of the fund with their committed investments. Investment managers and companies which have gained from patronage from the Board are Garret House of Evergreen Investment Advisors, Adebayo Ogunlesi of Global Infrastructure Partners, member of the board of directors Peder Prahl, of Triton Partners and Peter Horoszco of Stonepeak Infrastructure Partners. Past beneficiaries include EIG Global Energy Partners, who got a $200,000,000 commitment to the EIG Energy Fund XVI, which specializes in personal debt and structured equity. In '08, the TCV VII fund of Technology Crossover Ventures acquired $30 million. In the fall of 2013, the account got $150 million. The Washington State Investment Board presently oversees approximately $98.1 billion, with

most - about $70.5 billion - in assets linked to retirement plans and benefits. It generally manages the financial investment of many retirement plans, covering public employees like the police, judicial professionals, fire-fighters and instructors. All of these funds are mainly in public equity assets. They are also in personal equity and real estate investment assets. It is important to lessen the unpredictability of the funds for public service workers, and this is done through classification of the range of investments. Important contributors of the Board include Marci Frost, James L McIntire, and Joel Sacks. The State Treasurer is McIntire; the Retirement Systems director is Frost; and Sacks is the Department of Labour and Industries director.

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