Washington State Investment Board commits $500m to Calzada Capital Partners
The Washington State Investment Board (WSIB) has made a $500 million follow-on commitment to Calzada Capital Partners.
A spokesperson for the pension fund said the WSIB has made three follow-on commitments to the partnership since establishing an investment relationship with Calzada in 2013, prior to this commitment.
The WSIB’s total existing commitment to the partnership to date is $4.325 billion, not including this investment.
WSIB has a 16.4 percent allocation to the real estate asset class.