Alaska Permanent CIO resigns; fund set to commit $1.1 bln to private equity in 2019

Alaska Permanent Fund, pension fund, private equity, venture capital, Russell Read, Marcus Frampton
Robert Redington, a rookie, competes in the official restart of the Iditarod, a nearly 1,000 mile (1,610 km) sled dog race across the Alaskan wilderness, in Fairbanks on March 6, 2017. Photo courtesy Reuters/Nathaniel Wilder
  • Assets Under Management: $65.4 bln
  • PE actual allocation: 11.4 pct
  • PE target allocation: 11 pct
  • Why this is important: The fund is building co-investment, direct-investment platform and recruiting a CIO
  • Contact[email protected]; +1 907-796-1500
Alaska Permanent Fund Corp’s chief investment officer, Russell Read, resigned July 10 to pursue an opportunity in London, the pension said. Marcus Frampton will be acting CIO until a successor is named. Frampton, who has been with Alaska Permanent since 2012, is ...

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