By Deven Mitchell, CEO & Executive Director, Alaska Permanent Fund Corporation In the nearly 50 years since Alaskans overwhelmingly voted to create the Alaska Permanent Fund, it has become a globally recognized sovereign wealth fund and a household name for every Alaskan. It symbolizes the conservative nature and strength of character of our forebearers, who saved a portion of their …
The Value of Purpose-Driven Talent
In a recent Chief Investment Officer article, “How Asset Owners Are Attracting Talent—and Their Issues Doing So,” APFC CEO Deven Mitchell discusses what motivates top investment talent to join institutional allocators located beyond Wall Street or other major metro finance centers. From meaningful missions to unique career acceleration, Mitchell highlights why organizations like APFC continue to attract professionals who value …
APFC Board Examines Asset Allocation, Approves Targeted Portfolio Adjustments
Sitka, Alaska—The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) held its quarterly meeting and the Ethics, Audit, & Cybersecurity Committee meeting in Sitka and via webinar on May 28 and 29. During the Board meeting, the Trustees reviewed the Fund’s asset allocation study, approved the FY26 operating budget alongside Board Resolution 25-01, and advanced strategic shifts within …
Foundational Principles for Public Funds in ‘Pensions & Investments’
APFC’s CIO, Marcus Frampton, and Chief Risk & Compliance Officer Sebastian Vadakumcherry were recently featured in Pensions & Investments, outlining five key principles for public fund investors navigating today’s market. From resisting short-term distractions to reinforcing capital preservation, their perspective highlights why discipline, diversification, and long-term focus remain critical for public funds. Subscribers can read the full piece here: https://www.pionline.com/industry-voices/commentary-5-things-public-fund-investors-should-keep-mind-todays-market
Global Recognition for Investment Leadership
Where Values Meet Visibility: APFC in the News As stewards of the nation’s largest sovereign wealth fund, APFC’s in-house professionals are increasingly recognized for their insight and expertise. Over the past year, our team has been cited as subject matter experts in more than 80 nationwide and global media stories, reflecting not just what we do, but why we do …
APFC FY25 Q3 Performance Snapshot: Steady Gains Despite Volatility
The Alaska Permanent Fund earned a 4.55% return as of March 31, 2025, three quarters into the fiscal year. “I am pleased that APFC’s active investment management approach has added value against the performance benchmark we have been assigned both in the short term (FYTD) and the longer time horizon that we manage portfolios against (5-year). In this period of …
APFC Accepting Applications for an Investment Advisory Group Member
The Alaska Permanent Fund Corporation (APFC) is currently soliciting applications from professionals interested in serving on the Investment Advisory Group (IAG). As a member of the IAG, you will have the unique opportunity to provide valuable insights to the APFC Board of Trustees in their role as fiduciaries of the Permanent Fund, which benefits generations of Alaskans. The IRFP is …
APFC CIO Marcus Frampton on Navigating Uncertainty
In a recent interview with Institutional Investor, APFC Chief Investment Officer Marcus Frampton shares how the Fund is navigating Alaska’s budget pressures, staying disciplined in volatile markets, and maintaining a global, long-term perspective. Frampton discusses the importance of being contrarian when needed, the Fund’s defensive positioning, and why APFC may be better prepared than most in the current environment. He also reflects on …
APFC Welcomes New Trustee John Binkley and Reaffirms Commitment to Strong Governance
Juneau, Alaska — Feb. 14, 2025 — The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) convened for its quarterly meeting in Juneau and via Teams Webinar on February 12-13, 2025. Key discussions included the Fund’s performance, an in-depth review of the Real Estate asset class, and updates on compliance, governance, and the APFC’s youth education initiative. The …
APFC Releases the 2025 Mid Fiscal Year Review
The Alaska Permanent Fund Corporation (APFC) announced the release of its 2025 Mid Fiscal Year Review. The report highlights the history of the Fund and APFC, the impact on the Earnings Reserve Account (ERA) over time, and APFC’s investment strategy and performance. At the halfway point of FY25, the Alaska Permanent Fund stands at $79.6 billion, delivering an 8.71% annualized return since …