Board of Trustees Governance Committee Meeting

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation Board of Trustees will hold a Governance Committee Meeting on November 29, 2023. The primary topic for the meeting is the proposed changes to the Governance charters that relate to the Executive Director evaluation process. The public is invited to attend this meeting via Webinar or telephonically (please refer to the agenda). There will be …

Board of Trustees Explore Strategic Initiatives

In Uncategorized by Paulyn

The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) held a meeting on October 30, 2023 to discuss the strategic planning for the Corporation and the Alaska Permanent Fund. APFC expresses gratitude to Alaskans and stakeholders who provided valuable insights through public testimony during the meeting. We appreciate their interest in the public process and meaningful contributions. The …

CEO Mitchell Remarks on October 30 Special Meeting

In Uncategorized by Paulyn

The Board of Trustees will meet from 10:30 a.m. – 4:30 p.m. on October 30 in Juneau and via webinar to discuss the strategic plan of the Alaska Permanent Fund Corporation. Agenda topics include: Increase AUM to $100 billion. Improve corporate functionality. Establish a long-term organizational structure plan to accommodate growth. Delivering a comprehensive communications plan. Review and assess the …

Upcoming Board of Trustees Special Meeting

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold a Special Meeting on October 30, 2023 in Juneau at the location identified in the agenda, linked below. The primary topic for the Special meeting is the Corporation’s Strategic Plan. The meeting will also cover committee assignments for the year and meeting locations for 2024 and 2025. The public …

Board of Trustees to focus on long-term strategic plan

In Uncategorized by Paulyn

The Board of Trustees discussed the long-term strategic plan during the annual meeting last week to set the stage for a special meeting of the Board in October. The Board is actively working through a strategic planning process that will bring about more opportunities for progress to advance the work of the Corporation as a global investment advisor and grow …

Providing for Generations of Alaskans

In Uncategorized by Paulyn

From APFC’s Executive Director As a lifelong Alaskan, I am honored to lead one of the world’s most respected financial institutions, and every time I speak with a fellow Alaskan, I am reminded of the vital role our work plays in improving the quality of life in our state. The Alaska Permanent Fund was created by Alaskans coming together and …

Welcome Commissioner Ryan Anderson to the Board of Trustees

In Uncategorized by Paulyn

APFC welcomes Ryan Anderson, Alaska Department of Transportation and Public Facilities Commissioner, to the Board of Trustees. In joining APFC’s Board, Trustee Anderson brings a depth of public service and commitment to serving fellow Alaskans across our State. Governor Dunleavy appointed Commissioner Anderson to one of the two seats on the Board reserved for heads of principal departments of state …

Trustees Look Towards Strategic Planning and Trustees Paper #10

In Uncategorized by Paulyn

The Board of Trustees held a Special Meeting on September 6-7, 2023 to discuss the FY25 budget proposal and upcoming working group initiatives, and an Audit Committee on September 7, 2023 to review the FY23 independent audit report and consider the internal audit functions. The Board also took action to authorize the FY24 budget authority to enter a lease for …

Start of FY24 Financial Statements

In Uncategorized by Paulyn

The financial statements for the beginning of the fiscal year 2024 (FY24) for the Alaska Permanent Fund are now available. As of July 31, 2023, the Alaska Permanent Fund has an unaudited total value of $75.7 billion. The value of the permanent deposits in the Principal is $56.5 billion with $12.4 billion of associated unrealized gains. The Earnings Reserve Account …

Providing Alaska-based Opportunities for Professional Talent

In Uncategorized by Paulyn

The Alaska Permanent Fund Corporation’s vision is to deliver outstanding returns for the benefit of all current and future generations of Alaskans. Accomplishing this vision requires skilled and capable professional staff, consistent discipline in adhering to long-term strategies, and durable accountability to our stakeholders.  It also requires the fortitude to be adaptable, to grow, and to set forth meaningful action. …