Alaska Public Employees Retirement System (PERS-DB)
State retirement system, based in Alaska, reporting $12B in assets, for 58,467 participants.
Composed from this allocator's classification, location and filed figures.
What matters now
- $300Mapproved, 3 funds
$300M approved across 3 funds on 15 Sep 2026: AEW $100M, Principal (fund not named) $100M, TA Realty (fund not named) $100M.
15 Sep 2026 · The board's newest commitments, the managers it is backing now.
- 3 managerson watch
Alaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue places on watch Man Group; Alaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue places on watch First Eagle; Alaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue places on watch Legal & General.
15 Sep 2026 · A termination frees an allocation; a watch listing often comes before one.
- 28%private markets target
Changed its allocation policy this month.
A new target moves money between asset classes before any manager is hired.
20 more people, 1 more adviser, 1 more commitment and 30 more dated events
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
People to know
View all people- Chief Investment OfficerWhy: Chief investment officer: owns the allocation decisionNo route on file yet
- Chief Investment OfficerWhy: Chief investment officer: owns the allocation decisionNo route on file yet
Capital path
who backs this record, through what, into what; each name opens its own path- Gary M. BaderChief Investment Officer
- Zachary HannaChief Investment Officer
- Scott JonesCommittee member
- Principal$100M across 1 commitment
- TA Realty$100M across 1 commitment
- Barrow Hanley Mewhinney & Strauss$100M across 1 commitment
Relationship network
34 connected entities4 observed commitments$400M disclosed commitments (4 commitments)3 dated commitments shown here, 2011 to 2026
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Sponsor
- Service provider
- Organization
- Person
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesState retirement systemShowHide
Allocation policy
| Asset class (as printed) | Bucket | Target | Range | Actual | Gap | Basis |
|---|---|---|---|---|---|---|
| Fixed Income | Fixed income | 23.0% | reported drb.alaska.gov | |||
| Multi-Asset | Multi-asset | 6.0% | reported drb.alaska.gov | |||
| Private Equity | Private equity | 14.0% | reported drb.alaska.gov | |||
| Broad Domestic Equity | Public equity | 26.0% | reported drb.alaska.gov | |||
| Global Equities Ex-US | Public equity | 17.0% | reported drb.alaska.gov | |||
| Real Assets | Real assets | 14.0% | reported drb.alaska.gov |
Consultants and advisers
- State Street Custodianthrough Sep 17, 2025 Board minutes
- Gabriel, Roeder, Smith & Company Actuarythrough Jun 30, 2025 ACFR
- Arthur J. Gallagher and Company (Gallagher) Actuarythrough Jun 30, 2025 ACFR
+1 more consultant or adviser advise this allocator
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Decision makers
- Gary M. Bader · Chief Investment OfficerWhy this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
- Zachary Hanna · Chief Investment OfficerWhy this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
Who else at this allocator · 1 person, grouped by function
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
People
- Scott Jones Committee memberCommittee member
+20 more people on the investment staff and board
Every name, title and published role at this allocator, with the page it was read from.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Manager roster
- Principal$100M, 1 row, latest Sep 15, 2026
- TA Realty$100M, 1 row, latest Sep 15, 2026
- Barrow Hanley Mewhinney & Strauss$100M, 1 row, latest Apr 29, 2011
What changed
- Sep 15, 2026Manager on watchAlaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue places on watch Man Group
- Sep 15, 2026Manager on watchAlaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue places on watch First Eaglewith First Eagletreasury.dor.alaska.gov
- Sep 15, 2026Manager on watchAlaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue places on watch Legal & Generalwith Legal and Generaltreasury.dor.alaska.gov
- Sep 15, 2026Policy updatedAlaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue adopts a policy change: Real Assets
- Sep 15, 2026Commitment approvedAlaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue approves $100M to Principalwith Principaltreasury.dor.alaska.gov
+30 more dated events
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Commitments
| Date | Fund | Manager | Bucket | Amount | Vintage | Status | Source |
|---|---|---|---|---|---|---|---|
| as of Sep 15, 2026 | Principal | Principal | Real estate | $100M | Approved | treasury.dor.alaska.gov | |
| as of Sep 15, 2026 | AEW | AEW | Real estate | $100M | Approved | treasury.dor.alaska.gov | |
| as of Sep 15, 2026 | TA Realty | TA Realty | Real estate | $100M | Approved | treasury.dor.alaska.gov |
+1 more commitment
Every fund and manager this allocator committed to, with the amount, date and source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Size and funding
Commitment history
How the history is foldedOne line per vehicle, folded across the board’s own minutes and the plan’s later reports: when the item was proposed or recommended, when the board approved it, when the closing was dated, and when the position first showed up in a report. A line is closed only when a closing date exists; held means the plan reports the position without one on this graph.+1 more board decision
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Provenance
Provenance
Not yet on record: funded ratio.
Alaska Public Employees Retirement System (PERS-DB) sits on 1 traced path of capital across the graphs.
DFX traced 1 path of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
- Manager watchlisted2026-09-15source on record
- Commitment approved2026-09-15source on record
- Commitment approved2026-09-15source on record
+33 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+5 connections on the graph
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.