The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold a Special Meeting on October 3, 2022 to conduct public interviews of the final three candidates for the position of Executive Director of the APFC. This meeting is open to the public, and there will be an opportunity for public comment. The public is invited to attend this meeting …
APFC’s Board Reviews Fiscal Year 2022 Performance and Looks to the Future
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 …
FY22 Annual Report: Perspectives
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 …
APFC Keeps Steady Keel During Turbulent Year
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
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
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
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
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
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
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 …