Alaska Permanant Fund Hires Four Managers

Mar 3 2006 | 12:00am ET

The $28 billion Alaska Permanent Fund Corporation has hired several new managers for its equity and absolute return portfolios.

The fund approved the hires of Martingale Asset Management and UBS Global Asset Management to manage $200 million each in enhanced alpha strategies.

The plan also hired Mariner Investment Group and Lazard Alternatives to handle $200 million and $100 million, respectively, for its absolute return portfolio.

The hires were made during the fund’s two-day meeting in Juneau. 

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