Institution: Alaska Permanent Fund
Headquarters: Juneau, US
AUM: $76 billion
Allocation to alternatives: 28.9%
The open-ended fund held a first close in October with nearly $600 million commitments from a mix of US and global pension funds and foundations.
Established in 1985, Fairfield Residential is a San Diego-headquartered real estate firm that focuses on multifamily properties across the US.
As illustrated below, APFC’s real estate fund commitments tend to target North American vehicles across a variety of sectors.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.