KIA commits to Alaska Permanent Fund

(Kuwait)

Pensions&Invetsments has reported that the Kuwait Investment Authority (KIA), along with AP3 and Stockholm, has joined three other sovereign wealth funds in Capital Constellation with commitments totaling $300 million.  Originally launched in 2018, the joint venture helps Juneau, a $65.8 billion Alaska Permanent Fund to invest in emerging private equity and alternative investment firms.  To date, Capital Constellation has invested in four managers — including real estate, infrastructure and energy.

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