Washington State Pension Pledges Up to $2 Billion to PE-Investments

Washington State Investment Board is doubling down on a nearly 15-year co-investment relationship with a fresh pledge of up to $2 billion to Fisher Lynch Capital.

The state pension system disclosed up to around $3.8 billion in new private-equity commitments at its April 15 board meeting, up to $2 billion of which is earmarked for Evergreen Park Investment Fund, a co-investment vehicle that Fisher Lynch will manage.

 Fisher Lynch Capital is an independent boutique investment firm with $5.5 billion in investor commitments and an exclusive focus on private equity co-investing. or more than 20 years, the FLC team has partnered with elite private equity sponsors in order to generate exceptional performance for its investors.