Investing for Alaska

About Us

The Alaska Permanent Fund Corporation manages and invests the assets of the Alaska Permanent Fund and other funds designated by law. As a disciplined institutional investor, APFC is responsible for safeguarding the Permanent Fund and generating long-term returns for the benefit of current and future generations.

Investment Management for Alaska

Guiding Principles

Serving Alaska with Purpose

APFC is guided by a clear mission and a forward-looking vision that define its work. Our mission drives us to protect and grow Alaska’s financial resources, while our vision inspires sustainable prosperity for current and future generations.

Mission

To manage and invest the assets of the Permanent Fund and other funds designated by law.

Vision

To deliver outstanding returns for the benefit of all current and future generations of Alaskans.

Alaska's Largest, Renewable Financial Resource

The Permanent Fund

Established in 1976, the Permanent Fund preserves Alaska's nonrenewable mineral and oil wealth as a renewable financial resource for current and future generations of Alaskans. As one of the first sovereign wealth funds in the U.S., the Alaska Permanent Fund has gained worldwide recognition as a model for converting nonrenewable natural resources into a renewable financial resource.

The Fund also serves as the primary source of revenue for Alaska's unrestricted general funds, supporting the state's economic stability and prosperity. It is the largest sovereign wealth fund in the U.S, and among the largest in the world on a per capita basis.

The Fund at 50

Stewarding Alaska's Long-Term Financial Assets

The Corporation

APFC was established in 1980 as a quasi-independent state agency to manage and invest the assets of the Alaska Permanent Fund and other funds designated by law, including the Alaska Mental Health Trust and the Power Cost Equalization Endowment Fund.

Built on strong stewardship and accountability, APFC’s mission is to protect the Fund’s Principal while maximizing risk-adjusted returns to benefit generations of Alaskans. This work is guided by the shared commitment of the Board of Trustees and staff, whose expertise spans investment management, finance, risk, IT, communications, and administration. Together, APFC ensures the continued growth and sustainability of one of Alaska’s most valuable resources.

Upholding Our Mandate

Core Values

APFC is committed to acting honorably and respectfully in alignment with our shared values to earn and maintain the trust and confidence of those we serve, including Alaskans and partners around the world.

Integrity

Dedicated to continually earning and justifying the trust of each other and those we serve.

Stewardship

Committed to wisely investing and protecting assets, resources, and information entrusted to us.

Passion

Driven to build innovative solutions and a creative culture. Energized by serving Alaskans.