27.05.2016 - Alaska Permanent plans up to $3 billion for private investments next fiscal year
Alaska Permanent Fund Corp., Juneau, approved a private markets pacing plan for fiscal year 2017 starting July 1, said a news release from the $52.7 billion sovereign wealth fund. Under the pacing plan approved at this week’s board meeting, $900 million total would be committed to traditional private equity funds and co-investments in fiscal year 2017, with co-investments limited to $225 million. This allocation could increase by $200 million based on market opportunities. Additionally, the pacing plan calls for up to $350 million total for structured private equity, which could increase by $200 million based on market opportunities...............................................Full Article: Source
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