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 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. …
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.
Alaska Permanent Fund Corporation Named Best Places to Work in Money Management for the 2nd Time
Juneau – The Alaska Permanent Fund Corporation (APFC) was named Pensions & Investments 2022 Best Places to Work in Money Management, winning this prestigious title for the second year in a row. Announced today by Pensions & Investments, the global news source of money management, the 11th annual survey and recognition program is dedicated to identifying and recognizing the best …
It’s an honor to lead Alaska’s largest renewable resource
This October, I was provided the opportunity to serve as the executive director of the Alaska Permanent Fund Corp. As a lifelong Alaskan, leading APFC is my childhood dream come true. From meeting with Gov. Jay Hammond with my third-grade class in 1976, to receiving the benefits of the fund’s existence throughout my life, to now having the experience to …
APFC Welcomes Trustee Crum
APFC welcomes Adam Crum, Alaska Department of Revenue Commissioner, to the Board of Trustees. Trustee Crum is a lifelong Alaskan with significant public and private sector experience in strategic management, organizational development, and executive consulting. He brings to the APFC Board a proven commitment to community, dedication to public service and respected leadership abilities. In his role as a Trustee and fiduciary of the Alaska …
APFC welcomes Deven Mitchell as Executive Director
APFC is pleased to welcome Deven Mitchell as Executive Director (ED). Together with APFC’s Board of Trustees, leadership and staff, Deven will work to ensure that the Corporation achieves its mission of prudently investing and managing the assets of the Alaska Permanent Fund. “Knowing the importance of the Permanent Fund to all Alaskans, I’m honored to have this opportunity to …
Deven Mitchell selected as APFC’s Executive Director
Juneau – The Alaska Permanent Fund Corporation Board of Trustees selected Deven Mitchell as Executive Director to work with the Board in setting the strategic vision and direction of the Corporation, fulfilling our corporate mandate to manage and invest the assets of the Permanent Fund and other funds designated by law.