/

|

The Alaska Retirement Management Board has committed $150 million to two real estate debt funds: Walton Street Debt Core Fund and Heitman U.S. Closed-End Debt Fund III. These commitments were made on Dec. 3, according to meeting materials.

Walton Street Debt Core Fund is an open-end, core/core-plus fund focused on investing in core debt in the United States. This fund received $150 million and is managed by Walton Street Capital.

Heitman U.S. Closed-End Debt Fund III is a closed-end, value-added fund focused on senior and mezzanine debt investment opportunities in the United States. This fund has a fundraising target of $1 billion.