Alaska Retirement Commits $500M to Private Equity, Private Credit

The Alaska Retirement Management Board has committed $500 million across five alternative strategies.

$50 million was committed to the private equity fund, New Mountain VII. $50 million was also allocated to Genstar Capital XI.

In private credit, $100 million was committed to the Comvest Credit Partners Fund. $200 million was committed to the Crestline Blue Glacier Fund II. Lastly, $100 million was approved for Crestline Direct Lending Fund IV.

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