Investing for Alaska
Alaska Permanent Fund Corporation
Stewardship for Generations
Celebrating 50 Years of the Alaska Permanent Fund
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Fund News
APFC Holds Quarterly Board Meeting and EAC Committee in Valdez
VALDEZ, Alaska – May 28, 2026 – The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees convened its quarterly meeting on May 26 and 27, 2026, in Valdez and online. Trustees approved the Corporation’s Investment Policy Statement for FY27, adopted updates to the Governance Manual, and authorized budget expenditure. Additionally, APFC staff shared details on Fund performance, an overview of the Absolute Return portfolio, and updates on communications.
As the Alaska Permanent Fund marks its 50th anniversary, APFC is proud to be in Valdez, a community vital to the Trans Alaska Pipeline and the Fund’s royalty wealth. Board Chair Jason Brune and Executive Director/Chief Executive Officer Deven Mitchell participated in the May 26 Valdez City Council meeting to update local leaders and residents about the Fund’s significance in our state. Additionally, trustees and staff toured Alyeska Pipeline Services Valdez Marine Terminal and met with the facility’s staff to recognize their contributions to the Fund and Alaska.
APFC Releases the 2026 Mid Fiscal Year Review
Permanent Fund Origins
Stewarding Alaska’s Future
Listen to APFC Executive Director & CEO Deven Mitchell discuss the history and mission of the Fund, and what serving as the Corporation's leader means to him.
Governance is Good Business
Governance
Governance
Governance serves as the foundation for our accountability, independence, and long-term success. It includes the laws, policies, procedures, and oversight frameworks that direct how the Corporation operates and how the Alaska Permanent Fund is managed for both current and future generations. Critical factors for APFC’s governance success include effective independent management and organizational structure, adherence to accountability standards, clearly defined legal and regulatory responsibilities, established policies and procedures, and leadership in setting best-practice standards.