Alaska Permanent Fund Corporation (APFC) has approved $550m (€454.5m) worth of new commitments to .

The sovereign wealth fund said in a meeting document that it has made a $300m commitment to the Gables Multifamily Trust Fund, a core-plus open-ended apartments fund and has placed $250m into a co-investment vehicle with Clarion.

Clarion Partners declined to comment when contacted by IPE for this story.

In September last year, 91´«Ã½ÔÚÏß reported that APFC was considering investing into at least one open-ended apartments fund.

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