---
title: Washington State Commits $300M to VC, Private Credit
description: Washington State Commits $300M to VC, Private Credit
---

[Dakota Funds ](https://dakotafunds.com/dakota-funds)

# [Washington State Commits $300M to VC, Private Credit](https://dakotafunds.com/dakota-funds/fundraising-news/washington-state-commits-300m-to-vc-private-credit)

 Written by [Helen Bascom, Marketing Associate](https://dakotafunds.com/dakota-funds/author/helen-bascom-marketing-associate) | February 21, 2024

The Washington State Investment Board has disclosed two investments in venture capital and private credit totaling $300 million, according to materials from the February 15th Board meeting. 

In venture capital, $200 million was committed to General Catalyst XII. 

And in private credit, $100 million was committed to Blue Torch Credit Opportunities Unlevered Fund III. This is a new relationship for the WSIB. 

Consultant, Albourne assisted with the recommendations.

WSIB invests for 39 funds including 18 Retirement Funds, 5 State Insurance Funds, 7 Permanent Funds, and 9 Other Funds.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of [Dakota Marketplace](https://www.dakota.com/dakota-marketplace)!*

* *

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/washington-state-commits-300m-to-vc-private-credit)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Helen Bascom, Marketing Associate"
  },
  "dateModified" : "2024-04-04T20:31:46.788Z",
  "datePublished" : "2024-02-21T05:00:00Z",
  "headline" : "Washington State Commits $300M to VC, Private Credit",
  "image" : {
    "@type" : "ImageObject",
    "height" : 1100,
    "url" : "https://22672301.fs1.hubspotusercontent-na1.net/hubfs/22672301/Imported_Blog_Media/seattle_pp-2-1.jpg",
    "width" : 1650
  },
  "mainEntityOfPage" : "https://dakotafunds.com/dakota-funds/fundraising-news/washington-state-commits-300m-to-vc-private-credit",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Dakota Funds"
  }
}
```