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WSIB approves up to $100 million commitment to Public Pension Capital fund
Washington State Investment Board · February 19, 2026
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Summary
The board approved a motion to invest up to $100 million (plus fees) in an open‑ended fund managed by Public Pension Capital LLC, subject to continuing due diligence and final negotiation of terms.
The Washington State Investment Board voted to approve a private‑markets investment recommendation to commit up to $100,000,000, plus fees and expenses, to an open‑ended fund managed by Public Pension Capital LLC.
Joel Sachs, reporting for the private markets committee, said the recommended commitment would be the WSIB’s first investment with Public Pension Capital and…
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