HB2565 allows the Washington State Investment Board to manage investments for the University of Washington.
HB2565 amends the Revised Code of Washington to allow the Washington State Investment Board to manage investments for the University of Washington. The bill aims to eliminate unnecessary costs by disbanding the University of Washington investment management company and transferring its portfolios to the state investment board. The state investment board is recognized for its low costs and high performance, and the bill seeks to leverage this expertise to benefit the university.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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