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WSIB approves revisions to retirement CTF asset‑allocation policy after debate on private‑equity limits
Summary
After discussion about whether policy language would allow private‑equity exposure to rise above 30% to 32%, the board voted to approve revisions to the retirement CTF asset‑allocation policy that add private credit and update projected year‑end targets.
The Washington State Investment Board voted Dec. 18 to approve revisions to the retirement CTF asset‑allocation policy, adopting updated year‑end projected targets and adding private credit as a discrete asset class.
Staff presenter Chris Haneck summarized the changes as reflecting long‑term targets from a strategic asset‑allocation study and said the revisions "include new references to private credit, which was added as an…
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