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Alaska Wealth Fund To Put $1.75B In Alts

Alaska Permanent Fund has approved a $1.75 billion allocation to its alternative investment programs.

Alaska Permanent Fund has approved a $1.75 billion allocation to its alternative investment programs, Pensions & Investments reports. The fund has also approved authorized manager searches for timber and diversified inflation fund managers.

The wealth fund’s general consultant, Callan Associates, has been appointed to assist in the process. The fund has also allocated $750 million to corporate credit opportunities, $600 million to new private equity investments and $400 million to infrastructure investments.

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