Washington State Investment Board (WSIB) has strengthened its relationship with M3 Capital Partners, committing an additional $500m into Evergreen Real Estate Partners.

The $128.8bn pension fund said in a meeting document that it has approved the amount into the partnership managed by Evergreen Investment Advisors.

WSIB began worked with Evergreen in 2004 and has made previous commitments totalling $5.2bn.

Source: IPE
Fulya Altunyay/fulyaaltunyay@realestatecoulisse.com