Actis gets $250m from Washington State Investment Board
Washington State Investment Board has committed $250 million to Actis’ latest emerging markets vehicle as part of a more than $550 million allocation to global private equity managers made earlier this month. The other beneficiary was Apax Partners’ eighth European fund, which received $550 million toward its $12 billion target.
Washington State is one of America's largest private equity investors, with $15.6 billion - about 25% of total assets - committed to the asset class. Earlier this year, it committed $300 million each to...
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