Pension Fund

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Washington State Investment Board

Washington State Investment Board (WSIB) is a government agency created in 1981. It manages investments for public retirement plans and other public funds in...

Washington State Investment Board logo

Washington State Investment Board

Washington State Investment Board (WSIB) is a government agency created in 1981. It manages investments for public retirement plans and other public funds in Washington State for public employees, teachers, and firefighters. WSIB seeks to maximize returns at a prudent level of risk for the exclusive benefit of its beneficiaries and contributes to the state's pension benefits.

General information

Firm type

Pension Fund

Year founded

1981

Location

Region

North America

Country

United States

City

Olympia

Corporate office

2100 Evergreen Park Dr SW, Olympia, WA, United States

Principals

Allyson Tucker

Chief Executive Officer

Chris Hanak

Chief Investment Officer

Yona Makowski

Chair of the Board

Sector focus

Private EquityReal EstateInfrastructureAgriculture

Frequently asked questions

Who runs investment decisions at Washington State Investment Board?

Allyson Tucker serves as chief executive officer. Chris Hanak acts as chief investment officer. The board approves major commitments and asset allocation targets.

How does Washington State Investment Board source proprietary deal flow?

The board works through consultants including Hamilton Lane and Albourne. It participates in limited partner networks such as ILPA and CII. Direct partnerships with real estate operators form another channel.

Does Washington State Investment Board participate in fund commitments or only direct deals?

The board makes both fund commitments and direct co-investments. Private equity exposure includes commitments to TPG Partners X and Blackstone Capital Partners VIII. Real estate assets involve joint ventures with M3 Capital Partners and Calzada Capital Partners.

What investment stages does Washington State Investment Board typically target?

The board targets buyout, growth and venture strategies through fund commitments. It also allocates to special situations and distressed debt. Infrastructure and real estate programs focus on operational assets rather than early-stage development.

Which sectors does Washington State Investment Board explicitly avoid?

No explicit exclusions appear in public materials. The board maintains a diversified mandate across financial services, technology, healthcare and industrials. Allocations follow prudent risk guidelines rather than sector bans.

How is Washington State Investment Board related to its philanthropic structures?

The board manages the Developmental Disabilities Endowment Trust Fund and Washington State Opportunity Scholarship Fund as separate vehicles. These structures operate under distinct statutory authority from the main pension assets.

What is Washington State Investment Board's known posture on co-investments alongside external GPs?

The board pursues co-investments through its private equity and real estate programs. Positions include direct holdings in Menlo Ventures XVII and Francisco Partners vehicles. Co-investment activity supplements primary fund commitments.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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