Doyon Joins McKinley Management for Investment Fund

McKinley Alaska Private Investment is launching a second private investment fund, and Doyon, Limited is joining as a member of the general partnership. Na-Nuk Investment Fund 2 will seek to invest in Alaska-relevant companies and generate returns for investors.

A Sequel Bigger Than the Original

McKinley’s first fund, Na-Nuk 1, launched January 1, 2020 and raised $117 million with investments in transportation and logistics, food systems, energy, and Arctic technology. Na-Nuk Fund 2 has a $250 million target with investments planned in venture capital, growth, and private equity.

The fund’s investment strategy will focus on Alaska-relevant companies that aim to power, feed, connect, heal, and protect the planet. The McKinley team believes Alaska’s investment ecosystem is rich with opportunities for ambitious and disruptive companies. The unit of Anchorage-based McKinley Management sees mega-trends of energy security, strategic geopolitical location, and climate resiliency creating tailwinds which can be captured by investors.

“I am excited to announce the launch of our second Alaska-focused private investment fund with the support of Doyon,” says McKinley CEO and Chief Investment Officer Rob Gillam. “This partnership perfectly captures our strategic intention to leverage our Alaska location and expertise for the benefit of our investors, bring needed investment capital to Alaska, and create positive and meaningful connections with Indigenous Alaskans.”