An Act restricting a fiduciary of a state fund, the Alaska Retirement Management Board, and the Alaska Permanent Fund Corporation Board from investing or doing business with DigitalBridge Group, Inc., or an affiliate of DigitalBridge Group, Inc.

Summary

The bill amends several Alaska statutes to bar the Alaska Retirement Management Board, the Alaska Permanent Fund Corporation Board, and other state fund boards from placing state money with DigitalBridge Group, Inc., or any of its affiliates. It also prevents the budget reserve fund’s special subaccount from investing with that company. The measure aims to keep state investments away from DigitalBridge.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share