The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) convened its Annual Meeting on October 1–2, 2025, in Anchorage and via Teams webinar. Trustees reviewed the Fund’s performance, asset allocation, and the Public Equities asset class. In keeping with its annual governance responsibilities, the Board elected corporate officers. “The Alaska Permanent Fund continues to perform well, delivering strong …
APFC Release the 2025 Annual Report
The Alaska Permanent Fund Corporation (APFC) announced the release of its 2025 Annual Report, 49 Forward. For 49 years, the Fund has transformed resource wealth into a legacy of stability, opportunity, and shared prosperity for every generation. As we look ahead to its 50th year, we celebrate Alaska’s vision, resilience, and enduring strength. The Alaska Permanent Fund is unique as …
APFC Featured in a Bloomberg’s Podcast on “Lessons from the One Sovereign Wealth Fund in the U.S.”
On Monday, August 18, 2025, APFC was featured on Bloomberg’s Odd Lots, a top-ranked investing podcast. In the podcast, APFC CEO Deven Mitchell and CIO Marcus Frampton sat down with hosts Joe Weisenthal and Tracy Alloway to discuss the Alaska Permanent Fund’s origin, evolution, and the role it plays in the state’s fiscal future. What sets the Alaska Permanent Fund …
APFC FY25 Q3 Performance Snapshot: Steady Gains Despite Volatility
The Alaska Permanent Fund earned a 4.55% return as of March 31, 2025, three quarters into the fiscal year. “I am pleased that APFC’s active investment management approach has added value against the performance benchmark we have been assigned both in the short term (FYTD) and the longer time horizon that we manage portfolios against (5-year). In this period of …
APFC Welcomes John Binkley to the Board of Trustees
APFC welcomes John Binkley, a lifelong Alaskan and Fairbanks businessman to the Alaska Permanent Fund Corporation’s Board of Trustees. Trustee Binkley has been appointed by Governor Dunleavy to one of four public seats on the Board. The Board of Trustees is charged with serving as fiduciaries for the Alaska Permanent Fund, Alaska’s largest renewable source of revenue. The APFC Board …
APFC Releases 2024 Annual Report
The Alaska Permanent Fund Corporation (APFC) announced the release of its 2024 Annual Report, “Illuminating the Future.” The establishment of the Fund and Corporation was and remains visionary—to secure Alaska’s financial future through the prudent and diversified investment of a portion of our state’s resource-based wealth. The report highlights a year of disciplined management, significant growth, and prudent investment strategies. …
Beyond the Numbers: What Key Financial Statements & Balance Report Mean for Alaskans
JUNEAU – The Alaska Permanent Fund Corporation (APFC) is pleased to provide the preliminary end of FY24 financial statements and the beginning of the FY25 Fund Balance Report. As of June 30, 2024, the end of FY24, the Alaska Permanent Fund has an unaudited total value of $80.3 billion. The value of the permanent savings in the Principal is $58.4 …
A New Fiscal Year: Committed Revenue
June 30th marked the end of Fiscal Year 2024. At the end of July, the preliminary, unaudited FY24 financial statements will be available online at apfc.org/report-archive. July 1st marked the beginning of Fiscal Year 2025. At the start of each fiscal year, APFC commits funding for the Percent of Market Value (POMV) draw for the following year – in this …
APFC Acknowledges Public Access to Executive Session
JUNEAU—The Alaska Permanent Fund Corporation (APFC) was alerted to the fact that the Board of Trustees’ executive session held during the May 8, 2024, Special Meeting was accessed by members of the public. APFC is concurrently assessing and conducting a forensic analysis of the compromised session.
APFC Releases Trustees’ Paper Volume 10
JUNEAU – Trustees’ Paper Volume 10: A Rules-Based Permanent-Endowment Model for Alaska is now available. The academic paper is authored and features analysis by Dr. Malan Rietveld, a renowned expert in sovereign wealth funds. APFC’s vision is to deliver outstanding returns for the benefit of current and future generations of Alaskans. A Trustee Paper provides insights, education, and analysis on …