Alaska Permanent private equity head gets expanded role

  • Steve Moseley to lead PE and special opportunities portfolios
  • Takes over special opportunities for David Fallace
  • Fallace recently left and joined TIFF

Steve Moseley, senior portfolio manager focusing on private markets at the Alaska Permanent Fund Corp, was promoted to director of investments, private equity and special opportunities, a spokeswoman confirmed.

The promotion was effective January 15, the spokeswoman said.

Moseley will continue overseeing private markets, but will add special opportunities, which includes a mix of various opportunistic strategies across private equity, hedge funds, real return, emerging markets, distressed debt and fixed income, according to Alaska Permanent Fund’s website.

The prior head of special opportunities, David Fallace, left recently and joined The Investment Fund for Foundations, according to a statement from TIFF.

Moseley joined Alaska Permanent Fund in December 2013. He was previously chairman of Rockland Management, a real estate investment and management company, according to his LinkedIn profile.

Alaska’s alternatives portfolio was valued at about $11.5 billion as of January 18, according to the sovereign wealth fund’s website. The market value of the private equity portfolio was $3.3 billion as of November 30, according to documents from the fund.

Action Item: See Alaska Permanent’s portfolio breakdown here:

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