Alaska Retirement Commits $80M Between Private Equity, Private Credit

The Alaska Retirement Management Board has made two commitments in private equity and private credit funds, as disclosed in meeting materials from the September 15 board meeting. 

$40 million was committed to private equity fund, Sentinel Capital Partners VII. Sentinel Capital Partners is based out of New York and focuses on lower mid-market businesses in four sectors including business services, consumer, healthcare services, and industrials. 

In addition, $40 million was committed to distressed credit fund, Glendon Opportunities Fund III. Fund III is managed by Glendon Capital Management based out of Santa Monica, California.

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