Institution: West Virginia Investment Management Board
Headquarters: Charleston, United States
AUM: $19.89bn
Allocation to alternatives: 32.90%
West Virginia Investment Management Board will continue with its investment plan for private debt in light of Covid-19, a source at the pension informed Private Debt Investor.
Over the next 12 months the pension will maintain its allocation to private debt, and has no plans of slowing down committing to funds in light of Covid-19. The $19.89 billion US public pension has a 3.10 percent allocation to private debt.
As illustrated below, the pension fund has historically committed to mezzanine funds in North America.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.