Alaska Permanent is still mulling direct route

Wed Nov 3, 2010

The Alaska Permanent Fund in Anchorage has yet to decide whether or not to move a portion of its hedge fund portfolio into single manager hedge funds.

Earlier this year, Jeffrey Scott, CIO of the $37 billion fund, reminded trustees that the budget had underestimated investment manager fees by more than 50% for fiscal year 2011. This is despite staff’s success in negotiating some of the private...

ISSN: 2151-1845 / CDC10004H

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