The Alaska Permanent Fund Corporation posted an Informal Request for Proposals (IRFP) to the State of Alaska’s Online Public Notice (OPN) system seeking information from governance consultants to assist in the periodic review of existing APFC governance policies. APFC governance policies call for a review every three years. While this review has traditionally been carried out internally, the Board of …
Infrastructure, Changing the Definition
Changing the definition Investments in infrastructure, the backbone of those things societies depend on every day, have proven their ability to generate consistent revenues over the long term. Since 2007, APFC has been investing in infrastructure assets in the United States and internationally. The definition of infrastructure itself has continued to expand and evolve over the years. The asset class …
Alaska Permanent Fund Corporation Named Best Places to Work in Money Management for the 2nd Time
Juneau – The Alaska Permanent Fund Corporation (APFC) was named Pensions & Investments 2022 Best Places to Work in Money Management, winning this prestigious title for the second year in a row. Announced today by Pensions & Investments, the global news source of money management, the 11th annual survey and recognition program is dedicated to identifying and recognizing the best …
APFC’s Board of Trustees Q1 Meeting Overview
Juneau – The APFC Board of Trustees held its quarterly meeting in Juneau and via webinar on December 7-8, 2022, to review the Alaska Permanent Fund’s first-quarter FY23 investment performance. The Board held discussions on capital markets insights, staff recruitment and retention efforts, insights into the Infrastructure portfolio from internal and external managers, perspectives on risk, and a look ahead …
It’s an honor to lead Alaska’s largest renewable resource
This October, I was provided the opportunity to serve as the executive director of the Alaska Permanent Fund Corp. As a lifelong Alaskan, leading APFC is my childhood dream come true. From meeting with Gov. Jay Hammond with my third-grade class in 1976, to receiving the benefits of the fund’s existence throughout my life, to now having the experience to …
APFC Welcomes Trustee Crum
APFC welcomes Adam Crum, Alaska Department of Revenue Commissioner, to the Board of Trustees. Trustee Crum is a lifelong Alaskan with significant public and private sector experience in strategic management, organizational development, and executive consulting. He brings to the APFC Board a proven commitment to community, dedication to public service and respected leadership abilities. In his role as a Trustee and fiduciary of the Alaska …
APFC welcomes Deven Mitchell as Executive Director
APFC is pleased to welcome Deven Mitchell as Executive Director (ED). Together with APFC’s Board of Trustees, leadership and staff, Deven will work to ensure that the Corporation achieves its mission of prudently investing and managing the assets of the Alaska Permanent Fund. “Knowing the importance of the Permanent Fund to all Alaskans, I’m honored to have this opportunity to …
Deven Mitchell selected as APFC’s Executive Director
Juneau – The Alaska Permanent Fund Corporation Board of Trustees selected Deven Mitchell as Executive Director to work with the Board in setting the strategic vision and direction of the Corporation, fulfilling our corporate mandate to manage and invest the assets of the Permanent Fund and other funds designated by law.
APFC’s Board Reviews Fiscal Year 2022 Performance and Looks to the Future
Anchorage – The Board of Trustees met for their Annual Meeting this week to review the Alaska Permanent Fund’s investment performance for fiscal year 2022 (FY22) and hear strategic insights, including current market perspectives from the Investment Advisory Group, APFC staff and external investment partners. Chair Richards remarked that, “The past year has been challenging, and despite it all, the …
FY22 Annual Report: Perspectives
The Alaska Permanent Fund Corporation is viewed through many lenses – an investor, an accountant, a manager, a leader, a steward, a student, an Alaskan – each bringing a unique perspective on the value and potential of the Alaska Permanent Fund, a world-class financial resource. At APFC, our passion for investing, decades of financial experience, and steadfast commitment to our …