Juneau – The Board of Trustees reviewed the fiscal year 2017 (FY17) investment performance of the Alaska Permanent Fund (Fund), considered capital market projections and approved measures to advance the strategic mission of the Alaska Permanent Fund Corporation during their Annual Meeting on September 27 and 28, 2017 in Juneau. Chief Executive Officer, Angela Rodell, stated “our constitutional mandate requires …
APFC Board of Trustees Annual Meeting
The Alaska Permanent Fund Corporation will hold its Annual Meeting of the Board of Trustees on September 27-28, 2017 in Juneau, AK. The public is invited to attend this meeting in-person or via teleconference, please see the agenda for more information. Annual Meeting Agenda Annual Meeting Board Packet
Permanent Fund Corp. Earns 12.6% in FY17 – Alaska Journal of Commerce
“…The Alaska Permanent Fund Corp. achieved a 12.57 percent return on its namesake Fund during the 2017 fiscal year that ended June 30. The Permanent Fund ended the year with a record value of $59.8 billion. …” Download PDF
In Alaska, One Man Fights to Save Oil Fund As Reserves Dry Up – NPR, All Things Considered
“For 40 years, Alaska has been putting its oil money into a giant savings account. But now the oil — and the money — are drying up. …” Download PDF
Alaska Permanent Fund Returns Stellar FY17 Performance Results
Juneau – The Alaska Permanent Fund’s (Fund) investments gained 12.57% in fiscal year 2017 (FY17) and the Fund ended June 30, 2017 with a total record value of $59.8 billion, comprised of $47.0 billion in the Principal of the Fund and $12.8 billion in the Earnings Reserve Account. Following the FY17 year-end close, the Total Fund value has continued climbing …
Permanent Fund Corp. Headquarters to Undergo $4 Million Renovation – KTOO and Alaska Public Media
“The Alaska Permanent Fund Corp. will be renovating its headquarters in Juneau. Its goal is to modernize its offices and help its workers communicate more easily. It’s budgeted to cost $4 million. Supporters say it may be a small price for the state to pay if it makes a difference in growing the $60.7 billion fund. …” Download PDF
Permanent Fund’s Special Investments Do Right by Alaskans – Alaska Dispatch News
“Every morning, I pass by words engraved physically on our wall but, more importantly, philosophically at our core. “Maximize the value of Alaska’s Permanent Fund through prudent long-term investment and protection of principal to produce income to benefit all generations of Alaskans.” These words embody the mission that inspires my 41 colleagues to do what we do best: partner with …
Alaska Permanent Fund’s Total Value Exceeds $60 billion
Juneau – The Alaska Permanent Fund (Fund) has reached an unaudited value of over $60 billion, a new milestone of achievement and noteworthy result based on 40 years of successful Alaskan stewardship.
How Alaska Decided to Give Its Oil Wealth to Everyone in the State | MIDNIGHT OIL: Episode 05 – Alaska’s Energy Desk
“… They thought they would get a couple million dollars from the auction — maybe 10 — but those lease sales made $900 million — nine times the state’s entire budget for that year. Alaska’s lawmakers had a choice: save it or spend it. What did they do? …” Download PDF