Washington State to invest $300m in Affinity Fund IV
Affinity Equity Partners has secured a $300 million commitment for its fourth pan-Asia fund from Washington State Investment Board. It is three times the size of the US pension system’s investment in the GP’s previous vehicle.
Affinity Asia Pacific Fund IV, which launched in September and is targeting $3.5 billion, was one of two recommendations put to Washington State's private markets committee on February 7. It comes after...
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