| 31.07.2013 - Alaska Permanent commits $1.75bln to Blackstone, Carlyle |
| The Alaska Permanent Fund has made commitments to several private-equity funds run by the Blackstone Group and the Carlyle Group. The $42 billion fund's board of trustees committed $1 billion to two Blackstone funds and $750 million Carlyle. Half of the Blackstone commitment will go to the Blackstone Strategic Holdings Fund, and the other half to a no-fee fund that makes co-investments alongside that fund...............................................Full Article: Source |