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APFC Board of Trustees discusses Fiscal Year 2021 Performance at Annual Meeting in Kodiak

In Uncategorized by Adam Kane

Kodiak – The Board of Trustees met to review the fiscal year 2021 (FY21) investment performance of the Alaska Permanent Fund (Fund), strategic and background information from several of APFC’s investment partners and members of the Investment Advisory Group, as well as electing corporate officers and approving a budget proposal which will be brought forth for inclusion in the FY23 …

Invested with Alaskans – APFC FY21 Annual Report

In Uncategorized by Adam Kane

Forty-five years ago, visionary Alaskans voted to establish the Alaska Permanent Fund. As the Fund’s investment manager, the Alaska Permanent Fund Corporation works to benefit all Alaskans through our responsible stewardship of Alaska’s largest renewable financial asset. Under the guidance of the appointed Board of Trustees, with support from the Executive and Legislative branches for resources, and with reporting transparency …

Upcoming APFC Board of Trustees Annual Meeting

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation (APFC) will hold the Board of Trustees Annual Meeting on September 28-29, 2021 in Kodiak and via Webex. The public is invited to attend this meeting in person or via webinar and there will be an opportunity for public comment and participation at the beginning of the meeting. Please see the agenda for meeting details …

Upcoming APFC Board of Trustees Budget Work Session

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation (APFC) will hold a Board of Trustees Budget Work Session on September 8, 2021 via Webex. The public is invited to attend this meeting via webinar (link is in the agenda) and there will be an opportunity for public comment and participation at the beginning of the meeting. APFC Board of Trustees Budget Work Session …

$81.9 B Final FY21 End of Year Permanent Fund Value

In Uncategorized by Adam Kane

APFC Board of Trustees’ Audit Committee reviewed the FY21 audited financial statements confirming a fiscal year-end Fund value of $81.9 billion resulting from an all-time portfolio performance high-mark of 29.73% for the fiscal year ending June 30, 2021. Since its inception through FY21, the Permanent Fund has seen an annualized return of 9.12% and paid out more than $33.9 billion …

Upcoming APFC Board of Trustees Meetings – September 2

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation (APFC) Board of Trustees will hold an Audit Committee Meeting and Budget Work Session on September 2, 2021 at the Atwood Building – Rooms 102/104, 550 W 7th Ave, in Anchorage. The public is invited to attend this meeting in person, or via webinar (links are in the agendas) and there will be an opportunity …

APFC on Critical Services List

In Uncategorized by Paulyn

Work to resolve the status of the State of Alaska’s Fiscal Year 2022 budget continues; the administration has released a list of critical services. As per that list, should there be a government shutdown on July 1, 2021, the Alaska Permanent Fund Corporation will remain fully operational. Managing over $80 billion of financial assets requires a tremendous amount of diligence, …

APFC Prepares For Government Shutdown

In Uncategorized by Paulyn

Chief Executive Officer Angela Rodell announced today that the Alaska Permanent Fund Corporation (APFC) is taking steps to ensure that the Alaska Permanent Fund and money managed on behalf of the Alaska Mental Health Trust Authority are prudently overseen in the event of a government shutdown. The Chief Executive Officer and her staff have been diligently working to ensure that …

Trustee Craig Richards Reappointed to 4-year term

In Uncategorized by Paulyn

Governor Mike Dunleavy today announced the reappointment of Craig Richards to the Alaska Permanent Fund Corporation Board of Trustees for the term of July 1, 2021 to July 1, 2025.  Trustee Richards served on the Board of Trustees from 2015 to 2016 and was reappointed in 2017. Craig Richards majored in finance at the University of Virginia, received his Masters …

$80 Billion Milestone Daily Fund Value

In Uncategorized by Adam Kane

Today we take a moment to celebrate and reflect on our path through the global uncertainty, volatility and resilience we’ve seen over the past year. While Alaskans have stood strong together, as a state-wide community, we have adjusted and adapted our lives and our strategies to succeed in a changed world, and we are proud of our achievements. Our reason …