SEARCHES AND HIRES

Alaska Permanent on lookout for investment consultant

Alaska Permanent Fund Corp., Juneau, is searching for a general investment consultant, said a request for proposals on the $55 billion sovereign wealth fund’s website.

The search is being conducted because the contract of current consultant Callan Associates expires this year. Callan is invited to rebid, a permanent fund spokeswoman said in an email.

The RFP is available on the permanent fund’s website. Proposals are due by 4 p.m. Alaska time on April 12. Finalist presentations are tentatively scheduled for May 16-17, with a hiring decision sometime after that.

The permanent fund has an asset allocation of 40% public equities, 22% fixed income-plus, 11% each real estate and private equity/growth opportunities, 6% asset allocation strategies and 5% each absolute return and private credit/private infrastructure/income opportunities.

An APFC spokeswoman could not immediately be reached for additional information.