The LP recently approved a $250 million pledge to
According to board documents, the LP is looking to invest about 1 percent, or $340 million, of its assets in subordinated debt, an allocation similar in size to its distressed debt allotment. Last June, the Alaska Permanent Fund Corp. hired Oaktree Capital Management to manage a portion of its distressed debt allocation, committing $250 million to the firm’s
In May, Alaska approved a resolution that includes a $500 million commitment to two advisors for its fiscal year 2010, which began July 1, 2009. The amount will be divided between
The Alaska Permanent Fund’s target allocation to private equity is 6 percent, with a range of 1 percent to 11 percent. The actual private equity allocation stood at 2.5 percent, as of Jan. 31, 2010.