Alaska Permanent Fund, Juneau, could search for active domestic small-cap equity managers to add to its current pool of 12 pre-approved managers, said Laura Achee, a spokeswoman for the fund. The board of the $39 billion fund will consider whether to conduct the search at a meeting Wednesday. If approved, no RFP will be issued; the fund would conduct the search with the help of consultant Callan Associates. The fund has 5% allocation to domestic small-cap equity. Further details about the potential search could not be learned by press time.
Separately, the funds board on Wednesday will also vote on whether to hire an infrastructure manager to run 2% of fund assets. Ms. Achee would not name the finalists and would not say how many managers could be hired. Callan assisted.