The $116.5 billion Washington State Investment Board has committed $750 million to funds managed by Stonepeak Infrastructure Partners, according to the pension fund’s Nov. 16 agenda.
The pension fund said it intends to commit $600 million to Stonepeak Infrastructure Fund III and a further $150 million to a co-investment vehicle.
The pension fund also invested in the fund’s predecessor, Stonepeak Infrastructure Fund II, committing $400 million in 2015.
