Alaska Electrical Pension Fund, Anchorage, invested in the Principal...

Alaska Electrical Pension Fund, Anchorage, invested in the Principal Real Estate Separate Account, Clarion Lion Property Fund and UBS Real Estate Separate Account, all open-ended commingled funds; and in Washington Capital’s mortgage income fund, said Peter Crossen, real estate asset manager at the $1 billion system. He would not say how much was allocated to each fund. Funding came from the real estate portfolio. The system is still on the lookout for institutional quality property in Alaska, he added.