APFC approves $200m in commitments

The Juneau-based sovereign wealth fund has backed three private debt funds.

Institution: Alaska Permanent Fund
Headquarters: Juneau, United States
AUM: $60.37bn
Allocation to alternatives: 25.45%

Alaska Permanent Fund committed $75 million to Crestline Specialty Lending Fund II, $75 million to Pemira Credit Solutions IV and $50 million to Atalaya Special Opportunities Fund VII.

The US sovereign wealth fund has a 2.80% target allocation to private debt that currently stands at 2.14%.

As illustrated in the charts below, APFC has a 25.45% allocation to alternative assets. The fund has a global appetite for both corporate and real estate debt.

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