Alaska’s $53 Billion Permanent Pool to Exit Funds of Hedge Funds

  • Will pull $2 billion invested at Crestline, Mariner, Lazard
  • Plans to use five-person staff to make investments directly

Alaska’s $53 billion wealth fund plans to exit all of its funds of hedge funds and will instead make investment decisions in-house.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.