Alaska Permanent Fund Corp., Juneau, disclosed $175 million in new alternative investment commitments completed through the end of the third quarter of 2023.
Within its private income and infrastructure asset class, the $78.3 billion sovereign wealth fund committed $100 million to LS Power Equity Partners V, an energy private equity fund managed by LS Power Equity Advisors, and $75 million to private credit fund LBC Credit Partners VI, according to a report on its website.
APFC previously committed $200 million to LS Power Equity Partners IV in 2018 and $75 million to LBC Credit Partners V in 2020.
As of Jan. 15, APFC's actual allocation to private income and infrastructure was 8.6%.
