The Alaska Permanent Fund Corporation (APFC) was recognized in the 2025 Best Places to Work in Money Management awards announced today by Pensions & Investments. APFC is proud to have received this honor for five consecutive years. Presented by Pensions & Investments, this is the 14th annual survey and recognition program dedicated to identifying the best employers in the money …
APFC Board of Trustees Quarterly Meeting December 17, 2025
The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold their Quarterly Meeting on December 17, 2025 in Juneau at the location identified in the agenda linked below. Agenda items include: Fund performance presentations, private and public markets overviews, Private Equity asset class presentation, and more. The public is invited to attend this meeting in person, via Teams Webinar …
Investing in the Next Generation
Alaskan Students Welcome to Apply for 2026 Internships At the Alaska Permanent Fund Corporation (APFC), managing one of the largest sovereign wealth Funds in the country means thinking long-term about capital, risk, and people. Our internship program reflects the same commitment to Alaskan students, developing leaders to carry Alaska’s financial legacy forward. Each summer, APFC welcomes undergraduate and graduate students …
49 Forward for Generations of Alaskans
Alongside the release of the 2025 Alaska Permanent Fund Corporation Annual Report “49 Forward,” CEO & Executive Director Mitchell wrote an opinion piece titled, “49 Forward for Generations of Alaskans” on Alaska’s history, the Fund’s performance, and the path forward with a single-fund endowment. “I was born about a decade after Alaska became the 49th state, and have shadowy memories …
APFC Board of Trustees Annual Meeting October 1-2, 2025
The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold their Annual Meeting on October 1-2, 2025 in Anchorage at the location identified in the agenda linked below. Agenda items include: a review of portfolio performance, risk assessment, an asset class overview with Public Equities, Public & Private Market presentations, election of corporate officers, review of 2026 & 2027 …
Inside the Principal & ERA: What Changes Each Fiscal Year
Principal & ERA: Yearly Shifts Explained Understanding the Fund’s structure is crucial, particularly the difference between the portion categorized as Principal and the Earnings Reserve Account (ERA). The start of each fiscal year brings a significant change in reported values, as the Percent of Market Value (POMV) transfer is moved out of the ERA to support state services and the …
APFC Board Approves FY25 Audited Financials and Forwards the FY27 Budget Proposal
The Alaska Permanent Fund Corporation (APFC) Board of Trustees held meetings on September 4th to review and approve the annual audited financial statements and advance the FY27 budget proposal to support core talent, security, and investment priorities.
Upcoming Board of Trustees Meetings – September 4, 2025
The Alaska Permanent Fund Corporation (APFC) will hold a Board of Trustees Ethics, Audit & Cybersecurity Committee Meeting and a Regular Meeting on September 4, 2025 virtually. The Ethics, Audit & Cybersecurity Committee Meeting will focus on the financial statements and external audit results for Fiscal Year 2025. The Regular Meeting will focus on approving the Annual Audit for FY25 …
The Value of Purpose-Driven Talent
In a recent Chief Investment Officer article, “How Asset Owners Are Attracting Talent—and Their Issues Doing So,” APFC CEO Deven Mitchell discusses what motivates top investment talent to join institutional allocators located beyond Wall Street or other major metro finance centers. From meaningful missions to unique career acceleration, Mitchell highlights why organizations like APFC continue to attract professionals who value …
APFC Board Examines Asset Allocation, Approves Targeted Portfolio Adjustments
Sitka, Alaska—The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) held its quarterly meeting and the Ethics, Audit, & Cybersecurity Committee meeting in Sitka and via webinar on May 28 and 29. During the Board meeting, the Trustees reviewed the Fund’s asset allocation study, approved the FY26 operating budget alongside Board Resolution 25-01, and advanced strategic shifts within …
