Biggest US state fund to invest in Middle East via Abu Dhabi-based fund - The National:
"The Alaska Permanent Fund Corporation (APFC), a wealth fund for the oil-rich state that has US$65 billion of assets under management, will be an anchor investor in a Middle East, Africa and South Asia (Measa)-focused fund that will be managed by US-based McKinley Capital. The fund will be based in Abu Dhabi Global Market (ADGM) through a joint venture between the Abu Dhabi family office Al Maskari Holding and McKinley Capital, a quant asset manager that oversees more than $6bn, according to Peter Lejre, an adviser to Al Maskari Holding. Mr Lejre, who will be the senior executive of the joint investment platform, named McKinley Management Middle East, said the fund is expected to be launched in the next month or two. "
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