Juneau – The Alaska Permanent Fund Corporation (APFC) is pleased to announce that the Alaska Permanent Fund has been selected as the North American Private Equity Institutional Limited Partner (LP) Investor of the Year for 2017 by PEI magazine. The Alaska Permanent Fund is among three global winners and shares this honor with two fellow sovereign wealth funds – the …
APFC’s Board of Trustees Affirm Diversified Approach to Investing
The Board of Trustees held its quarterly meeting in Juneau, Alaska on February 21-22, 2018. At that meeting, the Board reviewed the mid fiscal year 2018 (FY18) investment performance of the Alaska Permanent Fund (Fund), assessed the position of the portfolio given recent market volatility, discussed establishing a Real Assets allocation, and reviewed the eCIO program. … … While the …
APFC Board of Trustees Quarterly Meeting on February 21-22 in Juneau
The Alaska Permanent Fund Corporation (APFC) will hold its Quarterly Meeting of the Board of Trustees on February 21-22, 2018 in Juneau, AK. The public is invited to attend this meeting in-person or by teleconference; there will be an opportunity for public comment and participation. Agenda items include: A risk and asset allocation overview, asset class updates, a performance report …
Alaska Permanent Fund Returns 8.45% for the first half of FY18
The Alaska Permanent Fund’s (Fund) investments gained 8.45% in the first half of fiscal year 2018 (FY18) and the Fund ended December 31, 2017 with assets under management totaling $64.0 billion, comprised of $48.7 billion in the Principal of the Fund and $15.3 billion in the Earnings Reserve Account. As we enter the second half of the fiscal year, the …
It’s time to adopt POMV structure for Permanent Fund – Opinion – Angela Rodell, CEO
“Since 2003 the Board of Trustees has endorsed using a percent of market value, or POMV, methodology for determining how much should be drawn from the Alaska Permanent Fund. A POMV establishes a limit to the amount that can be drawn from the Fund and is based on its average annual market value over five years. … We have had a …
Alaska Permanent Fund’s Market Value Exceeds $65 billion
The Alaska Permanent Fund (Fund) has reached an unaudited market value of well over $65 billion, a new record high. Current market values are easily accessed by clicking on the Daily Fund Market Value link on our homepage. Download PDF
$63 billion and counting: How long can Alaska’s Permanent Fund keep growing so fast? – KTOO, Alaska’s Energy Desk
“Alaska owns a massive investment account, and lately, it has been growing rapidly. In the last fiscal year, Permanent Fund Corporation Chief Executive Officer Angela Rodell said the corporation is up 12.5 percent. …We made $7 billion dollars …” Download PDF
Five rules for investment from Alaska’s Permanent Fund Corporation – KTOO, Alaska’s Energy Desk
“…Alaska’s Permanent Fund Corporation invests billions in private companies … how do they pick the next big winner out of a sea of potential companies …” Download PDF
APFC Board of Trustees Evaluate Performance and Internal Management Opportunities
The Alaska Permanent Fund Corporation Board of Trustees considered a comprehensive agenda during their quarterly meeting in Anchorage on December 12 & 13, 2017. In addition to the quarterly review of performance, asset allocation activities, and management reports; their agenda included stress scenario analyses of proposed draws to the Earnings Reserve Account (ERA) and a panel discussion on building in-house …
Permanent Fund Increases Stake in High-tech Startup and Other Private Firms – Alaska Dispatch News
“…The fund’s investment in private companies has grown as managers look to diversify alongside a stock market that has risen for years, adding holdings that provide long-term promise and stability, said Angela Rodell, the fund’s CEO, on Friday. …” Download PDF