The board of the Alaska Permanent Fund, Juneau, will vote Wednesday on whether to hire an infrastructure manager to run 2% of fund assets. Laura Achee, spokeswoman for the $39 billion fund, would not name the finalists and would not say how many managers could be hired. Callan assisted.
Separately, the fund could search for active domestic small-cap equity managers to add to its current pool of 12 pre-approved managers, pending board approval on Wednesday, said Ms. Achee. If approved, 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.
