A New Fiscal Year: Committed Revenue

In News by Juliette Alldredge

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

In Board of Trustees, News by Juliette Alldredge

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

In News by Juliette Alldredge

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 …

Proposed Strategic Plan: Public Comment Period Extended

In Board of Trustees, News by Juliette Alldredge

JUNEAU – Due to popular demand, the Alaska Permanent Fund Corporation (APFC) has extended public comment to February 14, 2024, on the proposed strategic plan.  The Board of Trustees encourages Alaskans to continue providing input. The Strategic Plan will be before the Board for adoption during the quarterly meeting on February 15-16, 2024. Extended Public Comment Period: January 24 at 8:00 …

Proposed Strategic Plan: Seeking Public Comment

In News by Juliette Alldredge

Please note – the public comment period was extended. Click here to view the most up-to-date information regarding public comment on the proposed 2024 strategic plan. Update added February 1, 2024 – JUNEAU – The Alaska Permanent Fund Corporation (APFC) Board of Trustees is seeking public comment on the strategic plan to continue building an organization that sets the standard …

APFC Earns “Best Places to Work in Money Management”

In News by Juliette Alldredge

Juneau – The Alaska Permanent Fund Corporation (APFC) was recognized by Pensions & Investments 2023 as one of the “Best Places to Work in Money Management,” earning the award for the third year in a row. As a mission-driven corporation committed to delivering outstanding returns for current and future generations of Alaskans, the Pensions & Investments award underscores APFC’s commitment …

APFC’s November Reports: Market Recovery and Financial Updates

In News by Juliette Alldredge

The November History & Projections report and the monthly financial statements are now available. With the publication of the November reports, we would like to highlight – Market conditions are strengthening, and as a result, the Fund values are recovering. While accounting net income, including realized and unrealized portfolio gains, has improved, it lags behind projections.  Through November, accounting net …

Board of Trustees Vote to Simplify Executive Director Evaluation and Review Process

In Board of Trustees, News by Juliette Alldredge

JUNEAU – The APFC Board of Trustees voted on December 13 during the quarterly meeting to simplify the Executive Director evaluation. The vote comes ahead of the end-of-year review of the Executive Director’s performance.   The simplification of the review process for the Executive Director includes updates to the Governance Charters to allow more candid feedback and wider participation from the …

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30-Foot Totem Poles Return to Goldbelt

In News by Juliette Alldredge

The 30-foot-tall totem pole outside the Michael J. Burns building came down today, following the two indoor poles that were already removed. Tlingit artists Ray Peck and Jim Marks carved the Legends and Beliefs, Creation of Killer Whale and Strongman totems, in addition to the fifteen bronze sculptures affixed to the outside of the building. “We’re honored to have been …

Informal Request for Proposals – Governance Consultants

In News by Paulyn

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 …