The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) convened its Quarterly Meeting on December 17, 2025, in Juneau and online. Key discussions included the Fund’s performance, investment strategy, and a Private Equity overview, with a focus on disciplined, long-term oversight. “As 2025 concludes, we are proud to see the Alaska Permanent Fund continue to perform well for …
APFC Awarded Best Places to Work in Money Management
The Alaska Permanent Fund Corporation (APFC) was recognized in the 2025 Best Places to Work in Money Management awards announced today by Pensions & Investments. APFC is proud to have received this honor for five consecutive years. Presented by Pensions & Investments, this is the 14th annual survey and recognition program dedicated to identifying the best employers in the money …
Investing in the Next Generation
Alaskan Students Welcome to Apply for 2026 Internships At the Alaska Permanent Fund Corporation (APFC), managing one of the largest sovereign wealth Funds in the country means thinking long-term about capital, risk, and people. Our internship program reflects the same commitment to Alaskan students, developing leaders to carry Alaska’s financial legacy forward. Each summer, APFC welcomes undergraduate and graduate students …
APFC Welcomes Ralph Samuels to the Board of Trustees
The Alaska Permanent Fund Corporation (APFC) announces the appointment of Ralph Samuels to its Board of Trustees. “It is an absolute pleasure to welcome Trustee Samuels to the Board,” said APFC Board Chair Jason Brune. “Ralph’s dedication to Alaska, shaped by years of public service in the Legislature and seasoned by success in the private sector, will be an invaluable asset …
APFC Holds Annual Meeting of the Board of Trustees
The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) convened its Annual Meeting on October 1–2, 2025, in Anchorage and via Teams webinar. Trustees reviewed the Fund’s performance, asset allocation, and the Public Equities asset class. In keeping with its annual governance responsibilities, the Board elected corporate officers. “The Alaska Permanent Fund continues to perform well, delivering strong …
49 Forward for Generations of Alaskans
Alongside the release of the 2025 Alaska Permanent Fund Corporation Annual Report “49 Forward,” CEO & Executive Director Mitchell wrote an opinion piece titled, “49 Forward for Generations of Alaskans” on Alaska’s history, the Fund’s performance, and the path forward with a single-fund endowment. “I was born about a decade after Alaska became the 49th state, and have shadowy memories …
APFC Release the 2025 Annual Report
The Alaska Permanent Fund Corporation (APFC) announced the release of its 2025 Annual Report, 49 Forward. For 49 years, the Fund has transformed resource wealth into a legacy of stability, opportunity, and shared prosperity for every generation. As we look ahead to its 50th year, we celebrate Alaska’s vision, resilience, and enduring strength. The Alaska Permanent Fund is unique as …
Inside the Principal & ERA: What Changes Each Fiscal Year
Principal & ERA: Yearly Shifts Explained Understanding the Fund’s structure is crucial, particularly the difference between the portion categorized as Principal and the Earnings Reserve Account (ERA). The start of each fiscal year brings a significant change in reported values, as the Percent of Market Value (POMV) transfer is moved out of the ERA to support state services and the …
APFC Board Approves FY25 Audited Financials and Forwards the FY27 Budget Proposal
The Alaska Permanent Fund Corporation (APFC) Board of Trustees held meetings on September 4th to review and approve the annual audited financial statements and advance the FY27 budget proposal to support core talent, security, and investment priorities.
APFC Featured in a Bloomberg’s Podcast on “Lessons from the One Sovereign Wealth Fund in the U.S.”
On Monday, August 18, 2025, APFC was featured on Bloomberg’s Odd Lots, a top-ranked investing podcast. In the podcast, APFC CEO Deven Mitchell and CIO Marcus Frampton sat down with hosts Joe Weisenthal and Tracy Alloway to discuss the Alaska Permanent Fund’s origin, evolution, and the role it plays in the state’s fiscal future. What sets the Alaska Permanent Fund …