Last year, the Alaska Permanent Fund Corporation announced the creation of a $200 million fund to expand infrastructure and create economic opportunities in Alaska. Barings LLC manages half of the fund with a focus on infrastructure and private credit. McKinley Capital Management LLC manages the other half with a focus on private equity.

On February 12th, Commonwealth North welcomes Allen Ruiz, Director of Alternative Investments at Barings, and John Wanamaker, Director of Private Investments at McKinley Capital Management, to describe their firms’ approaches to standing up these funds and seeking qualified in-state investments.

A subsidiary of MassMutual, Barings, LLC is a global investment firm dedicated to meeting the evolving needs of clients and customers. Headquartered in Charlotte, North Carolina, Barings LLC and its subsidiaries have $325 billion under management and maintain a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.

McKinley Capital Management, LLC was founded in 1990 and today is the largest private financial services company in Alaska. McKinley currently manages approximately $5 billion worldwide for corporate and public pension funds, sovereign wealth funds, and other institutional investors.