Investing for Alaska

Managing Alaska's Sovereign Wealth Fund

Alaska Permanent Fund Corporation

APFC is a state-owned corporation, based in Juneau, that manages the assets of the Alaska Permanent Fund and other funds designated by law, including the Alaska Mental Health Trust Fund and Power Cost Endowment Fund. The APFC Board of Trustees has established Bylaws, Governance and Investment Policies, and Resolutions to support an efficient and effective management structure.
$734,000
Preliminary Fund Value as of July 31, 2026
Rate of Return -0.18% FYTD and 6.27% over 5 years as of July 31, 2026
The Fund, Its Structure & Impact
50 Years of Alaska Permanent Fund logo

Stewardship for Generations

Celebrating 50 Years of the Alaska Permanent Fund

The Alaska Permanent Fund was created by Alaskans, for Alaskans, to transform a finite natural resource into lasting, renewable value for generations to come. By investing a portion of Alaska's oil revenues, the Fund helps secure long-term financial stability for the state, supports public services, and protects the future of Alaska's economy, ensuring today's resource wealth continues to benefit Alaskans well beyond the present.
The Fund at 50

Stay Informed

Fund News

APFC Board of Trustees Annual Meeting – September 30-October 1, 2026

September 21, 2026

The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold its Annual Meeting on September 30-October 1, 2026. Agenda items include: a review of portfolio performance, the new proposed charter for the annual review of Benchmarks, an asset class overview with Real Estate, Public & Private Market presentations, a corporate operations overview with Information Technology, election of corporate officers, review of 2027 & 2028 Meeting calendars, and more.

The public may attend these meetings virtually via Teams Webinar (registration information is listed in the agenda linked below or on the Board Meetings page under the corresponding meeting date and location) or by phone. There will be an opportunity for public comment (please see the agenda for exact times). You may send written comments to Trustees anytime at boardpubliccomment@apfc.org.

Sept. 30-Oct. 1, 2026 APFC Board of Trustees Annual Meeting Agenda

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.

People Behind the Fund
People Behind the Fund - Meet Deven Mitchell

Governance is Good Business

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.

GOVERNANCE