The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold their Quarterly Meeting December 8-9, 2021. 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 on December 8. Please see the agenda for meeting details (location, time, and …
The Alaska Permanent Fund: Taking Care of Alaska and Alaskans for 45 Years
The late Governor Jay Hammond liked to dream big. He wanted to “transform oil wells pumping oil for a finite period into money wells pumping money for infinity.” His dream came true. Because of the Alaska Permanent Fund, Alaska is now the only State that earns much of its unrestricted general fund revenues from the global economy. Today, the Alaska …
APFC’s Board of Trustees Review Resolutions and Trustees Paper Vol. 9
Anchorage – The Trustees met in Anchorage and via Webinar to consider active Board Resolutions, review Trustees Paper Volume 9 and Sovereign Wealth Fund rules with Dr. Malan Reitveld. APFC bylaws require that Resolutions inform the establishment of investment policy and allow for direction related to long-term administrative and operating procedures. Included in resolutions about investment policies are the Board’s …
Upcoming APFC Board of Trustees Special Meeting
The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold a Special Meeting on November 9, 2021, for the purpose of discussing: (1) the active resolutions of the Board and whether any of these resolutions should be amended or repealed; (2) the active resolutions of the Board as they relate to the Percent of Market Value (POMV); and (3) …
APFC Board of Trustees discusses Fiscal Year 2021 Performance at Annual Meeting in Kodiak
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
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
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
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
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
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 …