ARMB confirms $100m commitment

The US public pension has re-upped with Crestline Investors.

Institution: Alaska Retirement Management Board
Headquarters: Juneau, United States
AUM: $27.98 billion
Allocation to alternatives: 24.37%

Alaska Retirement Management Board has agreed to commit $100 million to Crestline Specialty Lending III, a contact at the pension informed Private Debt Investor. This commitment is a re-up with an existing manager.

The $27.98 billion US public pension currently allocates 24.37 percent of its full investment portfolio to alternatives.

As illustrated below, ARMB’s recent private debt fund commitments have targeted the corporate sector primarily in North America and Western Europe.

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