Key Takeaways
- • The Alaska Retirement Management Board has selected Callan for general and real asset consulting services, according to materials from its June 12 Board meeting.
- • Callan will assist the board with a private debt manager search, with the plan looking to commit to up to three managers at a mandate of $100 million each.
- • The pension fund was valued at approximately $40.4 billion as of May 31, 2024.
- • The search is at a preparatory stage, with the RFP process yet to be run.
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 retainer positions Callan to support the board's next step: preparing to conduct a private debt manager search.
According to the same materials, Callan will assist with the private debt request for proposals (RFP). The plan is looking to commit to up to three private debt managers, with a mandate of $100 million each, implying a potential total private debt commitment of up to $300 million.
As of May 31, 2024, the pension fund was valued at approximately $40.4 billion. The source material does not specify a timeline for the RFP or the selection of managers.
According to the same materials, Callan will assist with the private debt request for proposals (RFP). The plan is looking to commit to up to three private debt managers, with a mandate of $100 million each, implying a potential total private debt commitment of up to $300 million.
As of May 31, 2024, the pension fund was valued at approximately $40.4 billion. The source material does not specify a timeline for the RFP or the selection of managers.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.