The pacing plans call for a total of $835 million across the two asset classes.
The plan deferred its core-plus fixed-income search to its January board meeting.
Marcus Frampton is cio of the $77.3 billion Alaska Permanent Fund Corporation. He took the time to answer 5 questions with FIN News.
The retirement fund is seeking multiple managers to handle approximately $350 million in assets.
The district received proposals from four consultants in response to an RFP issued in August.
The fund surpassed its target of $350 million.
The authority is looking for an advisor for its $600 million portfolio.
The selected firm will serve for an initial three-year period.
The plan expects to launch the search in January as its incumbent’s contract is slated to expire on June 30.
The state fund is looking for taxable municipal bond managers.