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FUNDRAISING NEWS | June 14, 2024
The Alaska Retirement Management Board approved a commitment of $40 million to Insight Partners Fund XIII, according to materials from the June 12th Board meeting.
Additionally, ARMB is preparing to conduct a search for a private debt manager. The board plans to commit to up to 3 managers with $100 million each.
General consultant Callan is assisting with the search. Currently, 87% of their private debt portfolio is managed by Crestline.
As of April 2024, ARMB was valued at $41.5 million.
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Written By: Helen Bascom, Marketing Associate
Helen Bascom is a Marketing Associate at Dakota.
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