The June 30, 2020 financial statements for the Alaska Permanent Fund have been revised. The revision reflects an increase in the Fund’s unrealized gains for private market holdings based upon the most recent valuation information available. Based on the revised, June 30, 2020 financial statements at the fiscal year-end 2020, the Alaska Permanent Fund had a total value of $65.3 …
APFC Welcomes Trustee Ethan Schutt to the Board of Trustees
Trustee Schutt brings a wealth of knowledge, service to Alaska, and investment experience to APFC’s Board. Mr. Schutt is a life-long Alaskan who currently serves as the chief executive officer of the Alaska Native Resource Development, LLC, a subsidiary of the Alaska Native Tribal Health Consortium. A Stanford-educated attorney, Schutt previously spent a decade managing Cook Inlet Region, Inc.’s (CIRI) …
Alaska Permanent Fund Ends FY20 In Positive Territory +2.01%
The Alaska Permanent Fund’s unaudited financial statements and performance for the end of fiscal year 2020 (FY20) are now available on APFC’s website. FY20 was an unprecedented year for our State, our Nation, and our World; APFC remained a diligent steward of the Fund throughout the turmoil. Additionally, the Legislature’s FY20 special appropriation of $4 billion and inflation proofing of …
Trustees Wrap Up Two-Day Webinar Meeting
APFC’s Board of Trustees held its quarterly meeting via Webinar on May 20-21, 2020. In recognition of Trustee Carl Brady’s recent passing, Chair Richards, on behalf of the staff and the Board, expressed “our profound gratitude to Carl’s family for his years of service to the Fund and the State of Alaska. We share in their loss of this monumental …
APFC Welcomes Trustee Steve Rieger to the Board
APFC welcomes back Steve Rieger to the Board of Trustees, appointed by Governor Dunleavy to the public member seat recently made vacant by the passing of Trustee Carl Brady. Trustee Rieger has a depth of experience and knowledge related to the Alaska Permanent Fund and the Corporation, having served ten years in the Alaska State Legislature and having served as …
APFC Quarterly Board of Trustees Meeting
The Alaska Permanent Fund Corporation (APFC) will hold its Quarterly Meeting of the Board of Trustees on May 20-21, 2020 in Juneau, AK. The public is invited to attend this meeting in-person or by webinar; please see the agenda (linked below) for information. Please indicate your interest in providing public testimony when registering with WebEx. Please contact Maggie Meiners (mmeiners@apfc.org) …
APFC Audit Committee Meeting
The Alaska Permanent Fund Corporation (APFC) will hold its Audit Committee Meeting on May 19, 2020 telephonically via WebEx. The public is invited to attend the meeting by webinar; there will be opportunity for public comment and participation. Please indicate your interest in providing public testimony when registering with WebEx. Please contact Maggie Meiners (mmeiners@apfc.org) at least one business day …
APFC Extends Condolences to the Mallott Family
APFC extends our condolences to the Mallott family on the passing of Byron Mallott. Trustee Mallott’s extensive career in service to Alaska includes serving as the Executive Director of the Alaska Permanent Fund Corporation, as well as eight years as a public member of the Board of Trustees, first appointed by Governor Jay Hammond in 1982. As APFC commemorates 40 …
The Milken Institute – Power of Ideas Series
The Milken Institute released new essays in their #PowerofIdeas series on the unique challenges, opportunities for growth, and collaborative responses associated with the COVID-19 pandemic. See Essays: https://milkeninstitute.org/power-of-ideas APFC’s CEO, Angela Rodell, is pleased to share her contribution to this diverse collection of thought leadership. See Angela’s Essay: https://milkeninstitute.org/power-of-ideas/mindset-future
Trustee Carl Brady
APFC shares with our fellow Alaskans in the loss of Trustee Carl Brady who passed away on April 6, 2020. “Carl served Alaska and the Fund since 1991. His tremendous knowledge, steadfastness, deep love for Alaska, and especially for APFC will be greatly missed,” reflected CEO Angela Rodell. In the decades that Trustee Brady had served on APFC’s Board, there …