APFC Keeps Steady Keel During Turbulent Year

In Uncategorized by Paulyn

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 …

Alaska Permanent Fund Annual Meeting of the Board of Trustees

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation (APFC) Board of Trustees will hold their Annual Meeting on September 21-22, 2022 in Anchorage, AK. The public is invited to attend this meeting in person, or via webinar (location and links are in the agenda linked below) and there will be an opportunity for public comment and participation at the beginning of the meeting …

APFC’s Executive Director Search

In Uncategorized by Paulyn

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 …

Welcome, Trustee Deven Mitchell, to APFC’s Board

In Uncategorized by Paulyn

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 …

APFC’s Board of Trustees Meets in Advance of Annual Meeting

In Uncategorized by Paulyn

Juneau – APFC’s Board of Trustees Audit Committee met on September 1st to monitor the integrity of the financial reporting process and the system of internal controls and procedures regarding finance, accounting, and legal compliance, as well as to review the performance and independence of APFC’s external auditors.   In line with state statute and our commitment to transparency, the Alaska …

APFC Board of Trustees Meetings

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation (APFC) Board of Trustees will hold an Audit Committee Meeting and Budget Work Session on September 1, 2022. The public is invited to attend this meeting in person, or via webinar (location and links are in the agendas linked below) and there will be an opportunity for public comment and participation at the beginning of …

FY22 Permanent Fund Performance Report

In Uncategorized by Paulyn

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 …

Alaska Permanent Fund Special Meeting of the Board of Trustees

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold a Special Meeting on July 28, 2022, for the purpose of discussing APFC employee compensation, retention, and recruitment matters generally and in preparation for the FY24 Budget request to be approved at the Annual Meeting in September. The public is invited to attend this virtual meeting via Webinar (information …

APFC’s Board of Trustees hold Special Meeting to address talent recruitment and retention issues

In Board of Trustees, Uncategorized by Paulyn

Juneau – The Board of Trustees held a Special Meeting in Anchorage and via webinar on July 12, 2022, to address long-standing APFC recruitment and retention issues, specifically related to salaries and incentive compensation. “We recognize that recruitment and retention of world-class talent are essential to the prudent management and success of the Alaska Permanent Fund,” said APFC Board Chair Craig …

APFC Board of Trustees Special Meeting – July 12, 2022

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold a Special Meeting on July 12, 2022 for the purpose of discussing APFC employee compensation, retention, and recruitment matters generally and in preparation for the FY24 Budget request to be approved at the Annual Meeting in September. The public is invited to attend this meeting in person, via Webinar, …