The Governance Committee of the Alaska Permanent Fund Corporation will hold a Governance Committee Meeting on May 9, 2023. This meeting will be conducted via webinar through WebEx. The public is invited to attend this meeting via the webinar or phone, and there will be an opportunity for public comment and participation. Please see the agenda linked below for details …
KTOO Capitol Views 2023
Alaska Legislative Digest’s Tim Bradner interviews Deven Mitchell, APFC Executive Director.
A Historic Alaskan Moment
Alaskans came together in November of 1976 to approve the establishment of the Alaska Permanent Fund through a constitutional amendment. 4 years later, it was decided how the Fund should ultimately be invested and managed. On April 8, 1980, Governor Hammond signed SB161, establishing the Alaska Permanent Fund Corporation. This bill provided the mandate to safeguard the Principal and prudently …
APFC’s Board of Trustees Regular Meeting Overview
Anchorage – The Board of Trustees held a regular meeting in Anchorage and via webinar on April 12, 2023, to hear updates on portfolio activity, further conversations on the Fund’s Asset Allocation and the in-state private equity investment program, review elements of the Public Equities portfolio, and consider the Corporation’s peer group definition for compensation.
Board of Trustees Meeting – April 12, 2023
The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold a meeting on April 12, 2023 in Anchorage at the location identified in the agenda linked below. Agenda items include: continuation of In-State Private Equity discussion, Public Equities asset class update, Investment Advisor Presentation, Legislative update, and more. The public is invited to attend this meeting in person, via …
APFC Statement Regarding U.S. Technology Banking Sector
Last week, U.S. banking regulators closed Silicon Valley Bank, a bank that specialized in commercial banking for the technology sector. Over the weekend, federal entities took measures to ensure that the depositors of Silicon Valley Bank would be held harmless. At this point, a handful of additional banks are experiencing substantial distress or have also been closed by banking regulators. …
APFC’s Board of Trustees Q2 Meeting Overview
Juneau – The Board of Trustees held its quarterly meeting in Juneau and via webinar on February 15, 2023, to review the Alaska Permanent Fund’s second-quarter investment performance, discuss the upcoming annual asset allocation, consider in-state investments, and assess risk management metrics. Chair Ethan Schutt provides that “the Alaska Permanent Fund’s ongoing success relies on the Board’s and staff’s abilities …
Board of Trustees Meeting
The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold a Quarterly Meeting on February 15, 2023, from 8:30 am to 4:15 pm. The public is invited to attend this meeting in person, via Webinar (information listed in the agenda below), or telephonically. Please see the agenda for more details. February 15, 2023 APFC Board of Trustees Quarterly Meeting …
FY23 Mid-Fiscal Year Review
Entrusted as stewards and fiduciaries of the Permanent Fund, APFC’s vision and diverse investment strategies complement the long-term investment horizon for the Fund. “I fully understand and appreciate the importance of protecting this vital resource for the benefit of both the current and future generations of Alaskans,” says APFC Executive Director Deven Mitchell. United by the shared values of integrity, …
APFC welcomes UAF Rural Development students
APFC was pleased to have the opportunity to welcome a group of UAF Rural Development students, along with Professor Emeritus Mike Davis and Assistant Professors Laura Zimin and Tav Ammu.