The Alaska Permanent Fund’s (Fund) investments gained 2.13% during the first quarter of fiscal year 2019 (FY19) and the Fund ended September 30, 2018 with total assets under management valued at $63.9 billion (unaudited). The Fund is comprised of two accounts, the Principal and the Earnings Reserve Account (ERA), that are invested using the same asset allocation with pro-rata shares …
Alaska Permanent Fund FY19 First Quarter Financials, Performance Report to Follow
Juneau – The Alaska Permanent Fund (Fund) ended the first quarter of fiscal year 19 (FY19) on September 30, 2018 with total assets under management valued at $63.9 billion (unaudited). The change in Fund balance from FY18 fiscal year end is attributed to a $1.3 billion gain in the value of investments and the transfer of assets from the Earnings …
APFC Recognized Among “30 Most Influential Investors in Private Credit”
Juneau – The Alaska Permanent Fund Corporation (APFC) welcomes the recognition by PEI’s Private Debt Magazine as one of the “30 Most Influential Investors in Private Credit” for our internal management team’s pioneering contributions to this asset class. On learning of this honor, Marcus Frampton, APFC’s Chief Investment Officer, remarked that “the purpose of our work is to generate attractive …
APFC’s Board of Trustees Further Legislative Initiatives
The Board of Trustees held a special meeting to discuss legislative initiatives designed to further APFC’s ability to deliver compelling returns and a sustainable revenue stream for Alaska. In providing guidance on rules-based withdrawals for the Fund and to help ensure the long term sustainability of using Fund earnings for the benefit of all generations of Alaskans, the Board passed …
APFC Honored By Double Nomination for 2018 Partnership of the Year
The Alaska Permanent Fund Corporation is honored to be nominated twice by Institutional Investor’s Allocators’ Choice Awards for 2018 Partnership of the Year. Alaska Permanent Fund, Public Institution of Social Security of Kuwait, RPMI Railpen, & Wafra Capital Constellation is an innovative joint venture with our global partners: The Public Institution for Social Security of Kuwait, RPMI Railpen, and Wafra, …
APFC Special Board of Trustees Meeting
The Alaska Permanent Fund Corporation (APFC) will hold a Special Meeting of the Board of Trustees on Wednesday, October 17, 2018 in Anchorage, AK. The public is invited to attend this meeting in-person or by teleconference; there will be an opportunity for public comment and participation. The agenda includes incentive compensation and legislative initiatives and is available under the Board …
SWFI – Public Investor 100 Rankings Released for 2018
APFC would like to congratulate our Chief Executive Officer, Angela Rodell, for being in the Top 10 of the Sovereign Wealth Fund Institute’s “Ranking of the 100 Most Significant, Resilient, and Impactful Asset Owner and Public Executives of 2018.” https://www.swfinstitute.org/swf-news/press-release-public-investor-100-rankings-released-for-2018/
APFC Promotes Marcus Frampton to Chief Investment Officer
The Alaska Permanent Fund Corporation announced today that Marcus Frampton, CFA, CAIA has been promoted to serve as the Chief Investment Officer. Chair Craig Richards provides: “After considering many highly qualified applicants for the CIO position, the Board is convinced that Marcus is best situated to continue the remarkable success the Permanent Fund investment portfolio has recently experienced.” “I am pleased …
APFC’s Board of Trustees Revisits Investing in Alaska
The Board of Trustees reviewed the fiscal year 2018 (FY18) investment performance of the Alaska Permanent Fund (Fund) with presentations from Callan Associates and the Alaska Permanent Fund Corporation’s (APFC) asset class directors, approved a FY2020 budget, and accepted the Annual Audit as presented by KPMG. As noted in the 2018 Annual Report, released at the meeting, the Fund’s assets …
2018 Annual Report
Now available: 2018_APFC_Annual_Report