Alaska Retirement Management Board has expanded its infrastructure portfolio with a $75m (€65.4m) commitment to KKR’s latest global infrastructure fund, according to the pension fund’s meeting document. KKR has raised $17.3bn in total commitments for KKR Global Infrastructure V, as disclosed in its first-quarter earnings report, and is targeting a final close of $20bn. The KKR fund has $13.6bn in uncalled commitments, with $3.8bn already invested by KKR.