Alaska In-State Private Equity Managers Provide Investment Insights

In Uncategorized by Paulyn

The Alaska In-State Private Equity Program has recently received increased attention. The Alaska Permanent Fund Corporation (APFC) and the independent managers of this program understand that Alaskans are interested in learning more about how the assets of the Alaska Permanent Fund are being invested in our State. APFC, however, is also obligated to ensure that the disclosure of this information …

APFC RFI Issued to Inform Procurement Process

In Uncategorized by Paulyn

Juneau – On Monday, January 24, the Alaska Permanent Fund Corporation posted a Request For Information (RFI) to the State of Alaska’s Online Public Notice (OPN) system APFC- Executive Search Firm- Request for Information, seeking information from executive search firms. This pre-procurement process is intended to collect information, including anticipated costs, from competitive vendors in the industry. The information that …

APFC on Critical Services List

In Uncategorized by Paulyn

Work to resolve the status of the State of Alaska’s Fiscal Year 2022 budget continues; the administration has released a list of critical services. As per that list, should there be a government shutdown on July 1, 2021, the Alaska Permanent Fund Corporation will remain fully operational. Managing over $80 billion of financial assets requires a tremendous amount of diligence, …

APFC Prepares For Government Shutdown

In Uncategorized by Paulyn

Chief Executive Officer Angela Rodell announced today that the Alaska Permanent Fund Corporation (APFC) is taking steps to ensure that the Alaska Permanent Fund and money managed on behalf of the Alaska Mental Health Trust Authority are prudently overseen in the event of a government shutdown. The Chief Executive Officer and her staff have been diligently working to ensure that …

Trustee Craig Richards Reappointed to 4-year term

In Uncategorized by Paulyn

Governor Mike Dunleavy today announced the reappointment of Craig Richards to the Alaska Permanent Fund Corporation Board of Trustees for the term of July 1, 2021 to July 1, 2025.  Trustee Richards served on the Board of Trustees from 2015 to 2016 and was reappointed in 2017. Craig Richards majored in finance at the University of Virginia, received his Masters …

Trustees Assess Market Outlook and Opportunities for Real Estate

In Board of Trustees, Uncategorized by Paulyn

Juneau – The Board of Trustees held its quarterly meeting at the Elizabeth Peratrovich Hall in Juneau and simultaneously via webinar on May 19-20, 2021, to review the performance of the Alaska Permanent Fund through the third quarter of fiscal year 21 (FY21), review risk metrics, assess the capital markets outlook, incorporate updates in the investment policy, get an update …

APFC: Vision for Alaska’s Financial Anchor

In Uncategorized by Paulyn

As we observe the anniversary of the creation of the Alaska Permanent Fund Corporation this month, it is noteworthy to laud the vision and leadership of the past, and imperative in my opinion to look forward – to bring that same extraordinary vision, leadership, and forethought to the now, the near, and the far. It is now time for us …

APFC Adds Two Experienced Professionals to its Private Equity and Special Opportunities Team

In Board of Trustees, Uncategorized by Paulyn

The Alaska Permanent Fund Corporation has recently added two experienced professionals, Chirag H. Shah, Senior Portfolio Manager, and Nader Sohraby, Senior Associate, to its $13B+ Private Equity and Special Opportunities team. Steve Moseley, Head of Alternative Investments at APFC, said: “We are very excited that Chirag and Nader have joined us to expand our capabilities and help deliver excellent investment …

Board of Trustees Held Asset Allocation Workshop

In Board of Trustees, Uncategorized by Paulyn

APFC’s Board held a virtual workshop to review the long-term asset allocation plan for the Alaska Permanent Fund and the capital market projections provided by Callan, APFC’s general consultant. Asset allocation is a primary component of a long-term, risk-adjusted return and is based on strategic decisions: return objective, risk appetite, liquidity need, and resources. Angela Rodell, Chief Executive Officer, states …

Best Sovereign Wealth Fund Investment Team of 2021 (Americas) by Capital Finance International

In Uncategorized by Paulyn

“The Alaska Permanent Fund Corporation (APFC) is responsible for the fund’s investment and asset management — and it delivers a stand-out performance,” the CFI judges wrote. “APFC is strengthened by a diverse leadership team and staff that aim to protect principal capital and outperform market benchmarks. It forges partnerships with premier external managers to amplify internal investment capacities and broaden …