APFC increases allocation to real estate

The US sovereign wealth fund will increase its investment in private real estate over the next two years.

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Institution: Alaska Permanent Fund
Headquarters: Juneau, United States
AUM: $64.54bn
Allocation to alternatives: 27.45%
Bitesize: $200-500m

Alaska Permanent Fund announced it will increase its target allocation to real estate from 11% to 12% by 2020. By 2021, the sovereign wealth fund will have a target of 13%.

The $64.54 billion fund currently allocates 8.61% to private real estate.

As illustrated in the charts below, APFC has a 27.45% allocation to alternative assets. Mr. Marcus Frampton is the current Chief Investment Officer.

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