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 …
Private Equity Director Allen Waldrop Interviewed in Private Equity International
In a recent interview with Private Equity International, The Alaska Permanent Fund Corporation (APFC) Private Equity Director Allen Waldrop discusses the role private equity plays in the APFC portfolio and how he and his team are optimizing the Fund’s private equity allocation. The article, “Turning an oil tanker: Alaska Perm tackles its private equity allocation,” delves into Director Waldrop’s portfolio …
Proposed Strategic Plan: Public Comment Period Extended
JUNEAU – Due to popular demand, the Alaska Permanent Fund Corporation (APFC) has extended public comment to February 14, 2024, on the proposed strategic plan. The Board of Trustees encourages Alaskans to continue providing input. The Strategic Plan will be before the Board for adoption during the quarterly meeting on February 15-16, 2024. Extended Public Comment Period: January 24 at 8:00 …
APFC Open House
Join APFC’s Open House to meet, greet, and mingle with Trustees, Leaders, and Staff. The Alaska Permanent Fund Corporation (APFC) is hosting an Open House at our Juneau headquarters – welcoming Legislators, Staff, and the Community of Juneau. When: Thursday, February 15, 2024 Following the first day of the February Quarterly Board Meeting Where: APFC Headquarters Michael J. Burns Building, …
Proposed Strategic Plan: Seeking Public Comment
Please note – the public comment period was extended. Click here to view the most up-to-date information regarding public comment on the proposed 2024 strategic plan. Update added February 1, 2024 – JUNEAU – The Alaska Permanent Fund Corporation (APFC) Board of Trustees is seeking public comment on the strategic plan to continue building an organization that sets the standard …
APFC Earns “Best Places to Work in Money Management”
Juneau – The Alaska Permanent Fund Corporation (APFC) was recognized by Pensions & Investments 2023 as one of the “Best Places to Work in Money Management,” earning the award for the third year in a row. As a mission-driven corporation committed to delivering outstanding returns for current and future generations of Alaskans, the Pensions & Investments award underscores APFC’s commitment …
APFC’s November Reports: Market Recovery and Financial Updates
The November History & Projections report and the monthly financial statements are now available. With the publication of the November reports, we would like to highlight – Market conditions are strengthening, and as a result, the Fund values are recovering. While accounting net income, including realized and unrealized portfolio gains, has improved, it lags behind projections. Through November, accounting net …
APFC Board Approves Governance Policy and Seeks Public Input on Strategic Plan in Quarterly Meeting
The Alaska Permanent Fund Corporation (APFC) Board of Trustees conducted their quarterly meeting on December 13th and 14th to review the performance updates for the first quarter of FY24. The asset class directors reported on staffing and strategy, and the board members were briefed on the future use of AI in the workplace. During the meeting, the Board discussed three …