As Alaskans, we can all agree that the investment and management of the Alaska Permanent Fund must be held to the highest of standards – those of fiduciary duty, uncompromising integrity, political independence, and straightforward accountability. In accordance with these standards, the Alaska Permanent Fund Corporation, our Trustees and our Staff are fully committed to the long-term interests of the …
APFC Requests Proposals from Executive Search Firms
On Tuesday, March 22nd, APFC posted a Request for Proposal (RFP) as part of a competitive solicitation for proposals from executive search firms to assist the APFC Board of Trustees in recruiting and selecting a new Executive Director. The Board of Trustees and a Recruitment Committee will rely on the procured firm to develop and execute the steps for conducting …
APFC Board of Trustees Hears the Call to Action on Behalf of Ukraine
APFC Summary of Russian Holdings Together with our fellow Alaskans, the Board and Staff of APFC are bearing witness to the suffering, the fortitude, the resiliency, and the sheer bravery of the Ukrainian people and are hearing the call to action. The ongoing crisis and tragedy resulting from Russia’s undeniable and merciless assault on Ukraine warrant a global and Alaskan …
APFC’s Statement on Russia and Ukraine
The Alaska Permanent Fund Corporation is keenly aware of the developing situation with regards to Russia and Ukraine, and is assessing impacts to the portfolio during these dynamic and unpredictable times. APFC is closely monitoring the events that are still unfolding with regards to Russia and is analyzing the appropriate response.
APFC’s Board of Trustees Q2 Meeting Overview
Juneau – The Board of Trustees held its quarterly meeting in Juneau and via webinar on February 16-17, 2022, to consider the Alaska Permanent Fund’s second-quarter investment performance, associated capital markets insights, updates on the Public Equities portfolio from internal and external managers, perspectives on risk and associated thresholds, and a discussion on the portfolio’s annual asset allocation. The Alaska …
FY22 Mid-Fiscal Year Review
Under the leadership of Acting Executive Director Valerie Mertz and Chief Investment Officer Marcus Frampton, the Alaska Permanent Fund is managed and invested by the skilled and capable staff of APFC. ”As professionals, we adhere to our mission to protect and grow the Fund.” Says Valerie Mertz, “Our main objective remains unchanged.” Together, APFC strives to exceed all benchmarks for …
Alaska In-State Private Equity Managers Provide Investment Insights
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
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 Affirms Commitment to the Fund
Juneau – Alaska Permanent Fund Corporation (APFC) appreciates having been accorded the opportunity to meet with the Legislative Budget & Audit Committee and affirm APFC’s commitment as the Alaska Permanent Fund (Fund) fiduciaries. Ultimately, as Alaskans and dedicated public servants, we are all invested in the Fund’s success and strive to protect and grow these treasured financial assets for the …
APFC Named 2021 Best Places to Work in Money Management
New York, NY – APFC was awarded the 2021 Best Places to Work in Money Management by Pensions & Investments this week. Rising to meet the challenges presented in 2021, APFC’s staff continued to excel becoming more empowered to optimize the workplace to best suit their strengths, while building a stronger Corporate culture. Having closed the 2021 fiscal year at …