Key Takeaways
- • The Alaska Retirement Management Board selected Callan as its general and real asset consultant and will begin preparing a private debt manager search, per materials from its June 12 Board meeting.
- • The private debt RFP, supported by Callan, is targeting commitments to up to three managers with a mandate of $100 million each.
- • The Alaska pension fund was valued at approximately $40.4 billion as of May 31, 2024.
Summary
The Alaska Retirement Management Board has selected Callan to provide general and real asset consulting services, according to materials from the board's June 12 meeting, as reported by Dakota. The selection positions the board to prepare a private debt manager search, with Callan set to assist in drafting and running the private debt request for proposals.
The search is aimed at committing capital to up to three private debt managers, each with a mandate of $100 million. The pension fund was valued at approximately $40.4 billion as of May 31, 2024, which places the private debt allocation in the context of a large public retirement system.
The source article is brief and does not disclose a manager shortlist, a timeline for manager selection, or the specific strategies sought within private debt. Readers tracking public pension private credit activity should monitor subsequent board materials for further detail on the RFP scope and final commitments.
The search is aimed at committing capital to up to three private debt managers, each with a mandate of $100 million. The pension fund was valued at approximately $40.4 billion as of May 31, 2024, which places the private debt allocation in the context of a large public retirement system.
The source article is brief and does not disclose a manager shortlist, a timeline for manager selection, or the specific strategies sought within private debt. Readers tracking public pension private credit activity should monitor subsequent board materials for further detail on the RFP scope and final commitments.
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