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
- 3 searchesopen now
3 open manager searches: core real estate open-end funds search; SWIFT Assessment search; private credit search.
opened Sep 16, 2026 · A mandate the plan is hiring for now; a manager can still respond.
Factthe plan's own search notices and minutesFor managers in the searched asset class, consultantsOpen searches → - 1 manageron watch
Alaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue: BlackRock watch list recommended.
Sep 16, 2026 · A termination frees an allocation; a watch listing often comes before one.
- $300Mrecommended
3 commitments recommended to the board and not yet approved: Principal U.S. Property Account, AEW Core Property Fund, TA Realty Core Property Fund.
Sep 16, 2026 · The next approvals, before they happen.
- 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, 3 more managers, 10 more commitments and 44 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
- Global Infrastructure Partners V$75.0M committed
- KKR Global Infrastructure Fund V$75.0M committed
Relationship network
47 connected entities13 observed commitments4 repeat counterparties$1B disclosed commitments (12 commitments)10 dated commitments shown here, 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
- Fund or vehicle
- 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
- Arthur J. Gallagher and Company (Gallagher) Actuarythrough Jun 30, 2025 ACFR
- State Street Bank & Trust Company Custodianthrough 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.
People
- 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
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.
- 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
- TA Realty$250M, 3 rows, 1 re-ups, latest Sep 16, 2026
- Principal$200M, 2 rows, latest Sep 16, 2026
- Heitman$100M, 2 rows, 1 re-ups, latest Sep 16, 2026
+3 more managers received commitments
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What changed
- Sep 16, 2026Commitment approvedAlaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue reports as committed $75M to KKR Global Infrastructure Fund Vwith KKRtreasury.dor.alaska.gov
- Sep 16, 2026Commitment approvedAlaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue reports as committed $25M to Heitman Real Estate Fund VIwith Heitmantreasury.dor.alaska.gov
- Sep 16, 2026Manager on watchAlaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue: BlackRock watch list recommended
- Sep 16, 2026Search openedAlaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue opens a core real estate open-end funds search
- Sep 16, 2026Commitment recommendedAlaska Retirement Management Board (ARMB), staffed by the Treasury Division, Dept. of Revenue is recommended $100M to TA Realty Core Property Fundwith TA Realtytreasury.dor.alaska.gov
+44 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 16, 2026 | Principal U.S. Property Account | Principal | Real estate | $100M | Recommendednew manager | treasury.dor.alaska.gov | |
| as of Sep 16, 2026 | AEW Core Property Fund | AEW | Real estate | $100M | Recommendednew manager | treasury.dor.alaska.gov | |
| as of Sep 16, 2026 | TA Realty Core Property Fund | TA Realty | Real estate | $100M | Recommendedre-up | treasury.dor.alaska.gov |
+10 more commitments
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
+10 more board decisions
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 11 traced paths of capital across the graphs.
DFX traced 11 paths 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.
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Record history
- Commitment approved2026-09-16source on record
- Commitment approved2026-09-16source on record
- Commitment approved2026-09-16source on record
+47 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
+7 connections on the graph
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.