OLYMPIA, Wash. – There’s a government office in Olympia where employees travel the globe and titans of Wall Street are regular visitors. The singer Bono even dropped in once, after a concert.
We’re talking about the Washington State Investment Board. Its job is to maximize returns on an $85 billion investment portfolio. To do that the Board invests in some very exotic places.
About the closest most of us will ever get to Tahiti is a Paul Gaughin painting or the beach image on our computer screensaver. But Steve Draper’s been there several times.