Alaska Permanent Fund related stories
All articles and analysis
APFC approves $100m commitmentThe US public pension has backed a North America-focused fund.
- Russell Read named CIO at Alaska Permanent Fund
Read, a former CIO at CalPERS and Kuwait’s GIC, is the latest addition to the sovereign wealth fund, following the appointment of a new CEO in October.
- Alaska revamps real estate asset allocation
The $29bn oil and gas endowment plans to allocate 18% to a new real assets category, including real estate, infrastructure and Treasury inflation-protected securities. The target allocation to real estate is expected to increase 2%.
- Alaska sets aside $500m for private equity investments
The $30bn Alaska Permanent Fund has earmarked $500m for private equity investing in fiscal year 2010. In February, the fund cancelled hundreds of millions of dollars in recommended commitments to private equity and infrastructure funds.
- Alaska adds HarbourVest as gatekeeper
The Boston-based fund of funds manager will invest a separate account for the $27.9bn Alaska Permanent Fund. In a separate action, the oil fund approved a minimum $200m commitment to its gatekeepers for each of the next five years.