Alaska Government Projects, RFPs & Agencies

The Board directed staff to keep building its private credit portfolio and authorized the CIO to contract with one private credit manager for up to $100 million. A second directive engages Callan to run a search and allows the CIO to contract with another private credit manager for up to $50 million. This signals two upcoming manager selections where private credit managers and related advisors can compete to be hired and support portfolio design and implementation.

One mandate of up to $100M is delegated directly to CIO; another up to $50M will follow a Callan-led...

In addition to the core mandate, ARMB staff proposed that the Board direct staff to engage Callan to run a search for a non‑core private credit manager. The June 10–11, 2026 materials state that staff will work with Callan on a search process and that the CIO will have delegated authority to contract and commit with one non‑core private credit manager for up to 50 million dollars, reporting the commitment back to the Board. Non‑core here refers to more opportunistic or niche private credit strategies that complement ARMB’s existing Alternative Fixed Income portfolio and support its diversification drive away from a single dominant manager. For managers in areas like asset‑based finance, specialty finance, distressed/opportunistic credit, structured credit, or multi‑strategy private credit, this is a defined upcoming search with consultant involvement and a clear ticket size, creating a strong entry point to pitch differentiated non‑core offerings to ARMB and Callan.

This non-core search is part of the plan to diversify the AFI portfolio by manager, strategy, and vi...

The Investment Committee is set to decide how much of Kodiak’s cash to move from AMLIP and Wells Fargo into a staged fixed‑income allocation, based on Three+One’s cashVest analysis. Three+One identified about $43.7 million of additional liquidity that could safely be invested longer term, with high‑yield liquid balances currently around $30.3 million in AMLIP and $39 million in Wells Fargo. The committee will authorize the Finance Director to invest available funds in legally authorized instruments, creating near‑term demand for fixed‑income products, advisory services, and banking structures.

KCC 3.16.010 assigns investment and reinvestment responsibility to the Investment Committee. Three+O...

Haines Borough’s Tourism Advisory Board discussed a potential long‑term relationship with Global Ports Holding to redevelop and manage the PC dock and related cruise infrastructure. Staff expect a written proposal from GPH in roughly two weeks, with Assembly members asking TAB for guidance once it is received. This is early-stage work on dock investment, berthing capacity, and tour volume; port engineers, P3 advisors, financial analysts, and community-engagement consultants can help shape feasible options before any contract is bid.

HUNA Totem and Cruise Line Agencies were mentioned as other interested parties but have not yet subm...