Philip Paroian's Contact Details

Philip Paroian's Company Details

Washington State Investment Board

Olympia, WA, US • 100 - 249 Employees
Investment Bank/Securities Brokerage

The Washington State Investment Board (WSIB) manages investments for retirement plans including public employees, teachers, school employees, law enforcement officers, firefighters and judges. We also manage investments for several other important public funds that benefit Washington's industrial insurance program, colleges and universities, and developmental disability programs. The WSIB's excellent investment performance dramatically contributes to the state's bottom line by earning the lion's share of money needed to cover state pension benefits.The WSIB is organized much like most investment management organizations, with a board and executive committee providing enterprise leadership. Distinct teams provide investment management, research and asset allocation, financial accounting and administration, legal services, and risk oversight.The Investment team is comprised of investment professionals who manage the WSIB's major asset classes, including public equity, private equity, real estate, tangible assets, and fixed income.The Operations team provides comprehensive support of the investment and administrative functions, including legal services, investment accounting, trade settlement, cash management, and close monitoring of investment transactions, and operational compliance.The Institutional Relations team manages external stakeholder relations, corporate governance, public affairs, media inquiries, and communications such as regular performance reports, annual reports, and web site content.