The Alaska Permanent Fund (APFC) disclosed commitments made to six fund managers in Q1 2018 totalling $372 million.
The $66.2 billion US sovereign wealth fund committed $100 million to Kelso X; $85 million to Sentinel Partners VI; $50 million to Altitude Life Science Ventures III; $75 million to Lightspeed XII; $36 million to Battery Ventures XII; and $26 million to Holtzbrinck Ventures VII. The APFC has previously invested with all of these fund managers.
The APFC currently stands at its 11 percent target to private equity. Platinum subscribers may click here for the fund’s full profile, including key contacts, allocation strategy and fund investments.