The Board of Trustees Audit Committee of the Alaska Permanent Fund Corporation (APFC) held a virtual meeting via webinar on Thursday, June 6, 2024. The committee members met with KPMG, the Corporation’s auditors, to review the risk assessment and annual audit plan. “It is our mission to maintain the highest standards of financial integrity by providing our stakeholders in Alaska …
APFC Board of Trustees Meeting & Reception in Utqiagvik
The Board of Trustees schedules one meeting each year in a remote location to encourage engagement across Alaska. On May 29 and 30, APFC will be in Utqiagvik, the largest city in the North Slope Borough located north of the Arctic Circle. JOIN US: APFC Quarterly Meeting of the Board of Trustees Wednesday & Thursday, May 29-30, 2024 North Slope …
APFC Board of Trustees Governance Committee Meeting – May 20, 2024
The Alaska Permanent Fund Corporation (APFC) Board of Trustees’ Governance Committee will hold a virtual meeting on May 20, 2024, at 1:00 p.m. to discuss potential amendments to the governance policies and the personnel management plan. The public is invited to attend the meeting via Webinar (information listed in the agenda linked below), or telephonically. May 20, 2024 APFC Board …
APFC Acknowledges Public Access to Executive Session
JUNEAU—The Alaska Permanent Fund Corporation (APFC) was alerted to the fact that the Board of Trustees’ executive session held during the May 8, 2024, Special Meeting was accessed by members of the public. APFC is concurrently assessing and conducting a forensic analysis of the compromised session.
APFC Addresses Concerns Raised in Media Reports
The Alaska Permanent Fund Corporation (APFC) acknowledges recent media reports concerning internal communications regarding potential conflicts of interest. We take these concerns seriously and were addressing the issue through established protocols prior to coverage by the media. We are committed to ensuring the well-being of our team and the integrity of the Fund’s investment process and to working on behalf …
APFC Board Prepares for Annual Asset Allocation Review in Special Meeting
JUNEAU – The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) held a special meeting focused on asset allocation and private markets investments via webinar on April 22, 2024. The meeting featured in-depth presentations from its partners at AQR Capital Management, Pathway Capital Management, and Callan. Additionally, APFC staff provided an update on legislation and the funding status of …
Alaska’s Renewable Revenue – High School Curriculum
Alaska Permanent Fund Corporation Launches Statewide Curriculum JUNEAU – Underscoring its commitment to educating Alaskans, the Alaska Permanent Fund Corporation (APFC) has partnered with the Alaska Resource Education (ARE) to create The Permanent Fund: Alaska’s Renewable Revenue. It’s a curriculum with engaging lessons and ready-to-go activity kits for Alaska’s educators to teach students about the Permanent Fund: Alaska’s Renewable Revenue. …
APFC Releases Trustees’ Paper Volume 10
JUNEAU – Trustees’ Paper Volume 10: A Rules-Based Permanent-Endowment Model for Alaska is now available. The academic paper is authored and features analysis by Dr. Malan Rietveld, a renowned expert in sovereign wealth funds. APFC’s vision is to deliver outstanding returns for the benefit of current and future generations of Alaskans. A Trustee Paper provides insights, education, and analysis on …
APFC Board Adopts Strategic Plan and Trustee Paper #10
Juneau – The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) held its quarterly meeting in Juneau and via webinar on February 15 and 16, 2024. The Board action items included the adoption of the 2024 Strategic Plan and Trustee Paper #10. Additionally, the Board considered the Fund’s second-quarter investment performance, associated capital markets insights, updates on the …
2024 Mid Fiscal Year Review
Juneau – the Alaska Permanent Fund Corporation (APFC) released the 2024 Mid Fiscal Year Review including updated performance and financial information. We have reached the halfway point of the 2024 fiscal year, and we have seen strong performance in financial markets that have driven a fiscal year-to-date return of 3.54%. As the markets strengthen, we are also pleased by the …