“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
Permanent Fund Trustees Seek Inflation-Proofing Bill – Alaska Journal of Commerce
“The Alaska Permanent Fund Corp. Board of Trustees unanimously passed a resolution directing corporation executives to pursue legislation to strengthen inflation-proofing mechanisms for the corpus of the $61 billion Permanent Fund, and passed motions requesting an exemption from state procurement codes and to add up to 10 new employees to its Juneau headquarters. …” Download PDF
Advisers Recommend Permanent Fund Lower Its Expectations; Trustees Defer Action – Juneau Empire
“The Alaska Permanent Fund’s trustees are putting off advice from the fund’s advisers and staff to lower their expectations. …” Download PDF
Permanent Fund Corp. Earns 12.6% in FY17 – Alaska Journal of Commerce
“…The Alaska Permanent Fund Corp. achieved a 12.57 percent return on its namesake Fund during the 2017 fiscal year that ended June 30. The Permanent Fund ended the year with a record value of $59.8 billion. …” Download PDF