APFC Board approves private market allocations
May 25 – The Alaska Permanent Fund Board of Trustees reviewed the Fund’s recent investment performance for all of its portfolios, and approved private market allocations for the upcoming year at a regular board meeting on May 24 and 25 in Anchorage.
“The contributions from the Fund’s private market investments remain positive, and we believe they will become increasingly important in providing both growth and income in this low interest-rate environment,” said Board Chair Bill Moran. “It makes sense to continue to build the private asset allocations.”
In all areas, the following allocations are dependent on staff or outside managers finding suitable investments, and may not be fully committed at the end of the fiscal year. The allocations for fiscal year 2017 are:
In addition, the Board was provided with a panel discussion on hedge funds, and a discussion of exposure to and mitigation of petroleum risk.
The next regular meeting is scheduled for September 27 and 28 at the Corporation’s offices in Juneau.