The Board of Trustees Audit Committee of the Alaska Permanent Fund Corporation (APFC) held a virtual meeting via webinar on Thursday, June 6, 2024. The committee members met with KPMG, the Corporation’s auditors, to review the risk assessment and annual audit plan. “It is our mission to maintain the highest standards of financial integrity by providing our stakeholders in Alaska …
APFC TRUSTEES UNANIMOUSLY APPROVE UPDATED ASSET ALLOCATION
UTQIAGVIK – The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) held its quarterly meeting in Utqiaġvik and via webinar on May 29 and 30. At the meeting, the Board unanimously adopted an updated asset allocation. In addition, the Board voted to approve the FY25 operating budget with a directive to maintain the Anchorage office and to contract …
APFC Board of Trustees Audit Committee Meeting – June 6, 2024
The Alaska Permanent Fund Corporation (APFC) Board of Trustees’ Audit Committee will hold a virtual meeting on June 6, 2024 at 1:00 p.m. The topics will be the presentation of the FY24 KPMG Audit Plan, FY24 year-to-date financial review, and an internal controls review. The public is invited to attend the meeting via Webinar (information listed in the agenda linked …
APFC Board of Trustees Quarterly Meeting – May 29-30, 2024
The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold their Quarterly Meeting on May 29-30, 2024 at the location identified in the agenda linked below. Agenda items include: a risk overview, Fund performance overview, investment policy updates, public equity asset class presentations, and more. The public is invited to attend this meeting in person, via Webinar (information listed …
APFC Governance Committee Pursues Best Practices
The Governance Committee of the Alaska Permanent Fund Corporation (APFC) Board of Trustees held a virtual meeting on May 20, 2024, to review governance best practices. The Governance Committee did not take any action, but rather built consensus on best-in-class initiatives for staff to further. “Today’s meeting is about transparency and trust building, for the Board, staff, and for the …
APFC Board of Trustees Governance Committee Meeting – May 20, 2024
The Alaska Permanent Fund Corporation (APFC) Board of Trustees’ Governance Committee will hold a virtual meeting on May 20, 2024, at 1:00 p.m. to discuss potential amendments to the governance policies and the personnel management plan. The public is invited to attend the meeting via Webinar (information listed in the agenda linked below), or telephonically. May 20, 2024 APFC Board …
Board of Trustees Hold Special Meeting
JUNEAU—The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) held a special meeting to assess its information technology systems and potential solutions to strengthen APFC’s records process and document management systems. Read the full press release here.
APFC Board of Trustees Special Meeting – May 8, 2024
The Alaska Permanent Fund Corporation (APFC) Board of Trustees will hold a virtual Special Meeting on May 8, 2024 at 8:00 a.m. to discuss the security of APFC’s records systems and document management procedures for confidential information. Because a public discussion about potential vulnerabilities of procedures and systems could cause immediate financial harm to the Fund, the Board may convene …
APFC Addresses Concerns Raised in Media Reports
The Alaska Permanent Fund Corporation (APFC) acknowledges recent media reports concerning internal communications regarding potential conflicts of interest. We take these concerns seriously and were addressing the issue through established protocols prior to coverage by the media. We are committed to ensuring the well-being of our team and the integrity of the Fund’s investment process and to working on behalf …
Alaska’s Renewable Revenue – High School Curriculum
Alaska Permanent Fund Corporation Launches Statewide Curriculum JUNEAU – Underscoring its commitment to educating Alaskans, the Alaska Permanent Fund Corporation (APFC) has partnered with the Alaska Resource Education (ARE) to create The Permanent Fund: Alaska’s Renewable Revenue. It’s a curriculum with engaging lessons and ready-to-go activity kits for Alaska’s educators to teach students about the Permanent Fund: Alaska’s Renewable Revenue. …