Anchorage – The Board of Trustees met for their Annual Meeting this week to review the Alaska Permanent Fund’s investment performance for fiscal year 2022 (FY22) and hear strategic insights, including current market perspectives from the Investment Advisory Group, APFC staff and external investment partners. Chair Richards remarked that, “The past year has been challenging, and despite it all, the …

The Alaska Permanent Fund Corporation is viewed through many lenses – an investor, an accountant, a manager, a leader, a steward, a student, an Alaskan – each bringing a unique perspective on the value and potential of the Alaska Permanent Fund, a world-class financial resource. At APFC, our passion for investing, decades of financial experience, and steadfast commitment to our …

As the Alaska Permanent Fund Corporation’s Board gathers in Anchorage this week for the annual meeting, the Trustees would like to update Alaskans on the status of the Alaska Permanent Fund, the outstanding job our staff has done in these turbulent times, and our search for a new executive director. FY2022 was a challenging year for all investors. Persistent market …

APFC would like to update our fellow Alaskans on the status of the search for an Executive Director who will work with the Board of Trustees 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. “In APFC’s search for …

APFC welcomes the Acting Commissioner of the Alaska Department of Revenue, Deven Mitchell, to the Board of Trustees. Trustee Mitchell has long familiarity with the Fund and notes, “As a lifelong Alaskan, the importance of Alaska’s Permanent Fund has been clear to me since Governor Hammond described the potential to my third-grade class in the Capitol back in 1976.  It …

Our Commitment to Alaska APFC’s long-term stewardship, prudent management, and diverse investment strategy ensure the Alaska Permanent Fund will continue to be safeguarded and wisely invested for the benefit of generations of Alaskans. Though we continue to find ourselves in extraordinary times, be assured that our staff is working at capacity and is fully engaged in managing the portfolio to …

The Alaska Permanent Fund Corporation (APFC) welcomes Gabrielle “Ellie” Rubenstein and Alaska Department of Environmental Conservation Commissioner Jason Brune to the APFC Board of Trustees. Their service on the Board commences on July 1, 2022. As CEO and Co-Founder of an investment firm, Trustee Rubenstein brings extensive private equity, investment management and corporate experience to the Board. Trustee Rubenstein also …

The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) is committed to service to the State of Alaska and Alaskans and maintaining the highest standards in the management and investment of the Alaska Permanent Fund. As fiduciaries, our decisions are, and must be, driven by and consistent with the best interests of the Alaska Permanent Fund, which, in …

As Alaskans, we can all agree that the investment and management of the Alaska Permanent Fund must be held to the highest of standards – those of fiduciary duty, uncompromising integrity, political independence, and straightforward accountability. In accordance with these standards, the Alaska Permanent Fund Corporation, our Trustees and our Staff are fully committed to the long-term interests of the …

On Tuesday, March 22nd, APFC posted a Request for Proposal (RFP) as part of a competitive solicitation for proposals from executive search firms to assist the APFC Board of Trustees in recruiting and selecting a new Executive Director. The Board of Trustees and a Recruitment Committee will rely on the procured firm to develop and execute the steps for conducting …