JUNEAU – The APFC Board of Trustees voted on December 13 during the quarterly meeting to simplify the Executive Director evaluation. The vote comes ahead of the end-of-year review of the Executive Director’s performance. The simplification of the review process for the Executive Director includes updates to the Governance Charters to allow more candid feedback and wider participation from the …
Quarterly Meeting of the Board this Week
JUNEAU – The APFC Board of Trustees will hold their quarterly meeting in Juneau on December 13-14. “The funding that comes from the Permanent Fund Corporation’s work provides for state services that correlate to local services and programs, including the dividend. We encourage Alaskans to stay informed,” said Deven Mitchell, Executive Director, Alaska Permanent Fund Corporation. You may submit written comments …
The Role of Co-Investments in the APFC Portfolio
APFC has been an active co-investor, having completed over 50 different investments over the last decade. This tool enables APFC to tactically deploy capital in a more attractive investment environment to drive stronger returns and asset growth. Unlike other groups that may have a formalized program or targeted deployment rate, APFC employs an opportunistic approach where we seek out interesting …
Governance Committee Forwards Simplification of the Executive Director Review Process
The Governance Committee of the APFC Board of Trustees recommends simplifying the APFC Executive Director evaluation and review process. The Committee decided on making the recommendation during a scheduled public meeting on November 29, 2023. With the upcoming end-of-year review of the Executive Director’s performance, the Governance Committee took steps to ensure an effective evaluation process that will allow the …
APFC Board of Trustees Governance Committee to Consider the Executive Director Review Process
The Governance Committee of the APFC Board of Trustees will meet on November 29, 2023, to review and discuss recommendations to simplify the APFC Executive Director evaluation and review process. The resulting recommendations from the committee’s discussion will be presented to the full Board at the December quarterly meeting for consideration. This consideration is part of a comprehensive third-party review …
30-Foot Totem Poles Return to Goldbelt
The 30-foot-tall totem pole outside the Michael J. Burns building came down today, following the two indoor poles that were already removed. Tlingit artists Ray Peck and Jim Marks carved the Legends and Beliefs, Creation of Killer Whale and Strongman totems, in addition to the fifteen bronze sculptures affixed to the outside of the building. “We’re honored to have been …
APFC Board Welcomes Engagement in Strategic Planning Process
Alaska works best when Alaskans are involved and informed; APFC is grateful for the public’s engagement in the October 30 Special Board Meeting. APFC values the public process and transparency that sets us apart as a leading Sovereign Wealth Fund. The Board of Trustees met to explore strategic initiatives aimed at growing the Fund and enhancing corporate functionality. Trustees sought …
Annual Meeting of the Board of Trustees
The Annual Meeting of the Board of Trustees was held to review the investment performance of the Alaska Permanent Fund for Fiscal Year 2023 (FY23). The Board also adopted the report of the annual third-party audit, advanced the strategic planning discussion to set the stage for a special meeting of the board in October, learned about generative technologies, and received …