APFC approves $100m commitment

The US public pension has backed a North America-focused fund.

During the fourth quarter of last year, Alaska Permanent Fund Corporation closed a $100 million cornerstone commitment to Whitehorse Liquidity Partners I and its affiliates, according to materials from the public pension fund’s 22-23 February meeting.

The $51 billion US public pension has a 6 percent target allocation to private equity that currently stands at 12 percent.

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