Theresa J. Whitmarsh on Private Assets and Long-term Thinking

Registration is now open for the 3rd annual Challenge of Change Forum, happening in Vancouver from October 13-15. One of the key topics on this year’s agenda is private assets—what role do they play in Canadian pension portfolios and what can we learn from other global asset owners? To help us address this topic, we will be joined in Vancouver by Theresa J. Whitmarsh, Executive Director of the Washington State Investment Board, one of the leading institutional investors in the U.S., managing US$165 billion of state pension, insurance and other assets. She will be presenting a case study on private markets and how they support the WSIB’s long-term approach.

Notably, private assets have played a significant role in the WSIB’s asset allocation since the early 1980s and, as of December 31, 2020, private equity and real estate holdings combined totalled around US$50 billion. As Whitmarsh recently explained during an interview with FCLT Global, this early experience has helped ensure that both private equity and real estate are a core part of its long-term view.

We hope you’ll join us in October to hear from Theresa Whitmarsh and your peers from across the Canadian the pension industry. To find out about registration and to view the agenda, reach out to CLC founder and co-CEO, Joanne Boccia.