Alaska Permanent Increasing Target to Private Equity, Real Estate, Private Income

Alaska Permanent Fund Corporation has approved target allocation adjustments to their Fiscal Year 2025 plan, per meeting materials from the July 24th board meeting. 

A decrease of 2% was approved for public equities, lowering the target allocation from 34% for FY ‘24 to 32% for FY ‘25. 

The target allocation for private equity was increased by 2%, bringing it up from 16% to 18%. 

A 1% increase was approved for both real estate and private income, bringing the target allocations from 10% to 11% and 9% to 10% respectively. 

Tactical Opportunities and Cash saw decreases of 1%, both shifting from a 2% target to 1% target. 

The FY 2025 target allocations for fixed income and absolute return will remain at 20% and 7% respectively. 

As of May 2024, the Alaska Permanent Fund is valued at $80.2 billion. 

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Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.