APFC’s Board of Trustees Brings Forth Recommendations for Fund Sustainability

In Board of Trustees, Uncategorized by Paulyn

The Alaska Permanent Fund Corporation’s Board of Trustees held a special meeting on March 5, 2020, to further their recommendations pertaining to the Earnings Reserve Account. The Board of Trustees passed Resolution 20-1 OFFERING ALTERNATE PROPOSALS TO SUPPORT AN ANNUAL PERCENT OF MARKET VALUE DRAW FROM THE PERMANENT FUND. The Resolution brings forth measures to enhance the sustainable use of …

APFC Positioned The Fund To Weather Market Volatility

In Board of Trustees, Uncategorized by Paulyn

Juneau – As widely reported and followed, the global stock markets were rocked this past week with double-digit declines across the board, driven by escalating COVID-19 fears and indications that efforts to contain its spread have been ineffective. Fortunately, the Board of Trustees has structured a well-diversified portfolio for the Alaska Permanent Fund (Fund) with a mix of both public and …

Special Telephonic Meeting of the Board of Trustees

In Board of Trustees, Uncategorized by Paulyn

The Alaska Permanent Fund Corporation (APFC) will hold a special Meeting of the Board of Trustees on March 5, 2020 telephonically. The public is invited to attend this meeting by webinar; please see the agenda (linked below) for information. Agenda item is limited to discussion and action on a board resolution that provides recommendations regarding the structure and balance of …

The APFC Board of Trustees Recognizes Fund’s Evolving Role

In Board of Trustees, Uncategorized by Paulyn

The Board of Trustees held its quarterly meeting in Juneau, Alaska on February 19-20, 2020 to review the performance of the Alaska Permanent Fund through the first half of the fiscal year 2020 (FY20), to consider the current asset allocation and investment policy, and to discuss the structure of the Fund. The Alaska Permanent Fund’s investments were up 5.38% in …

In Board of Trustees, Uncategorized by Paulyn

APFC Quarterly Board of Trustees Meeting The Alaska Permanent Fund Corporation (APFC) will hold its Quarterly Meeting of the Board of Trustees on February 19-20, 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. Agenda items include: asset class updates from real estate and alternatives, …

APFC’s Board of Trustees Considers Fund’s Evolving Role

In Board of Trustees, Uncategorized by Paulyn

The Board of Trustees held its quarterly meeting in Fairbanks, Alaska on December 3-4, 2019. During the meeting, the Board examined the first-quarter investment performance of the Fund for the fiscal year 2020 (FY20) and discussed the paradigm shift of the Alaska Permanent Fund to an annual value-based methodology for consistent and stable withdrawals from the Earnings Reserve Account (ERA). …

APFC Quarterly Board of Trustees Meeting

In Board of Trustees, Uncategorized by Paulyn

The Alaska Permanent Fund Corporation (APFC) will hold its Quarterly Meeting of the Board of Trustees on December 3-4, 2019 in Fairbanks, 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: an update on APFC’s Real Estate portfolio, a discussion on APFC’s strategic …

Alaska Permanent Fund Returns for the first quarter of FY20

In Board of Trustees, Uncategorized by Paulyn

The Alaska Permanent Fund’s (Fund) investments gained 1.24% during the first quarter of the fiscal year 2020 (FY20), and the Fund ended September 30, 2019, with total assets under management valued at $64.1 billion (unaudited). … In assessing the Fund’s FY20 Q1 performance, APFC’s Chief Investment Officer Marcus Frampton, CFA, CAIA, FRM notes that: ” … In the context of …

APFC’s Board of Trustees Annual Meeting

In Board of Trustees, Uncategorized by Paulyn

The Board of Trustees reviewed the fiscal year 2019 (FY19) investment performance of the Alaska Permanent Fund (Fund) with presentations from Callan Associates and the Alaska Permanent Fund Corporation’s (APFC) asset class directors, approved a FY2021 budget proposal, and accepted the Annual Audit as presented by KPMG. As noted in the 2019 Annual Report, released at the meeting, the Fund’s …

APFC launches In-State Investment Program

In Board of Trustees, Uncategorized by Paulyn

The Alaska Permanent Fund Corporation is pleased to announce the launch of the Alaska Investment Program. Recognizing the opportunity to earn attractive returns by backing emerging private market fund managers and private market investment opportunities in Alaska, APFC’s Board of Trustees, through Resolution 18-03, directed APFC staff to select external private market fund managers to execute an Alaska focused private …