Alaska Permanent Fund Corporation and RPMI Railpen Funnel More Money into Capital Constellation

Posted on 03/31/2020

Capital Constellation is a global investment platform backing and investing in alternative investment managers. Two of its partners, the Alaska Permanent Fund Corporation (APFC) and The Railways Pension Scheme (RPMI Railpen), have increased their commitments to the fund by US$ 100 million each. This brings Capital Constellation’s total assets to US$ 1.2 billion.

According to the press release, “Constellation unites the expertise and capital base of premier institutional investors around the world with next-generation alternative asset managers. In addition to APFC and RPMI Railpen, its partners also include the Kuwait Investment Authority (“KIA”), the Third Swedish National Pension Fund (“AP3”), and Wafra, a leading private equity and alternative investment manager, on behalf of the Public Institution for Social Security of Kuwait (“PIFSS”).

Constellation’s integrated ecosystem promotes peer-to-peer collaboration among leading institutional investors and vertical integration with promising, motivated managers. It has seeded four managers since its inception: Ara Partners (“Ara”), Astra Capital Management (“Astra”), Motive Partners (“Motive) and a real estate credit manager. Constellation is also under exclusivity with two additional managers.”

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