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APFC Board of Trustees Meeting & Reception in Utqiagvik

In Board of Trustees by Juliette Alldredge

The Board of Trustees schedules one meeting each year in a remote location to encourage engagement across Alaska. On May 29 and 30, APFC will be in Utqiagvik, the largest city in the North Slope Borough located north of the Arctic Circle.
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APFC Quarterly Meeting of the Board of Trustees
Wednesday & Thursday, May 29-30, 2024
North Slope Borough Building Assembly Chambers

APFC Community Reception
Wednesday, May 29, from 5:30 p.m. to 6:30 p.m.
North Slope Borough Building Lobby Atrium

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APFC Board of Trustees Quarterly Meeting – May 29-30, 2024

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold their Quarterly Meeting on May 29-30, 2024 at the location identified in the agenda linked below. Agenda items include: a risk overview, Fund performance overview, investment policy updates, public equity asset class presentations, and more.

The public is invited to attend this meeting in person, via Webinar (information listed above), or telephonically. There will be an opportunity for public comment and participation at 8:30 a.m. when the meeting commences on May 29, 2024. If the public wishes to sign up for public comment, please indicate so when registering via WebEx. Please sign-up for public testimony by emailing jloesch@apfc.org by noon May 28.

May 29-30, 2024 APFC Board of Trustees Quarterly Meeting Agenda

May 29-30, 2024 APFC Board of Trustees Quarterly Meeting Packet

APFC Governance Committee Pursues Best Practices

In Uncategorized by Paulyn

The Governance Committee of the Alaska Permanent Fund Corporation (APFC) Board of Trustees held a virtual meeting on May 20, 2024, to review governance best practices. The Governance Committee did not take any action, but rather built consensus on best-in-class initiatives for staff to further.

“Today’s meeting is about transparency and trust building, for the Board, staff, and for the Alaskan public” – Committee Chair Rubenstein.

The Governance Committee affirmed that APFC’s processes and systems are in place to ensure efficient internal operations that support our work on behalf of Alaskans. The Committee and Investment Advisory Group (IAG) members emphasized the importance of defined roles and responsibilities for Trustees and Staff in collaborative processes.

Full Release: 20240520_APFC Governance Committee Pursues Best Practices

 

APFC Board of Trustees Governance Committee Meeting – May 20, 2024

In Uncategorized by Juliette Alldredge

The Alaska Permanent Fund Corporation (APFC) Board of Trustees’ Governance Committee will hold a virtual meeting on May 20, 2024, at 1:00 p.m. to discuss potential amendments to the governance policies and the personnel management plan.

The public is invited to attend the meeting via Webinar (information listed in the agenda linked below), or telephonically.

May 20, 2024 APFC Board of Trustees Governance Committee Agenda

May 20, 2024 APFC Board of Trustees Governance Committee Packet_revised post meeting

The meeting will begin with public comment. To provide public comments and statements to the APFC Board of Trustees email boardpubliccomment@apfc.org.

APFC Acknowledges Public Access to Executive Session

In Board of Trustees, News by Juliette Alldredge

JUNEAU—The Alaska Permanent Fund Corporation (APFC) was alerted to the fact that the Board of Trustees’ executive session held during the May 8, 2024, Special Meeting was accessed by members of the public.

APFC is concurrently assessing and conducting a forensic analysis of the compromised session.

 

APFC Board of Trustees Special Meeting – May 8, 2024

In Uncategorized by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation (APFC) Board of Trustees will hold a virtual Special Meeting on May 8, 2024 at 8:00 a.m. to discuss the security of APFC’s records systems and document management procedures for confidential information.
Because a public discussion about potential vulnerabilities of procedures and systems could cause immediate financial harm to the Fund, the Board may convene in executive session under AS 44.62.310(c)(1) to discuss this subject.
The public is invited to attend the non-executive session portion of this meeting via Webinar (information listed in the agenda linked below), or telephonically.

May 8, 2024 APFC Board of Trustees Special Meeting Agenda_x

To provide public comments and statements to the APFC Board of Trustees email boardpubliccomment@apfc.org.

APFC Addresses Concerns Raised in Media Reports

In Uncategorized by Juliette Alldredge

The Alaska Permanent Fund Corporation (APFC) acknowledges recent media reports concerning internal communications regarding potential conflicts of interest. We take these concerns seriously and were addressing the issue through established protocols prior to coverage by the media. We are committed to ensuring the well-being of our team and the integrity of the Fund’s investment process and to working on behalf of all Alaskans. Transparency and accountability are core values at APFC.

A review of this matter is underway to identify next steps.  We will provide further updates as appropriate.

APFC Board Prepares for Annual Asset Allocation Review in Special Meeting

In Board of Trustees by Juliette Alldredge

JUNEAU – The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) held a special meeting focused on asset allocation and private markets investments via webinar on April 22, 2024. The meeting featured in-depth presentations from its partners at AQR Capital Management, Pathway Capital Management, and Callan. Additionally, APFC staff provided an update on legislation and the funding status of APFC’s FY25 budget priorities to support professional talent and recruitment opportunities.

The Trustees held this education session to hear from trusted partners on the private markets landscape and its role within the Fund’s portfolio. This serves as critical context for the planned asset allocation discussion during the May quarterly meeting. The Board is committed to ensuring the Fund’s investments are well diversified and can provide a compelling long-term risk-adjusted return under various market conditions for the benefit of Alaskans.

Click here to read the full news release.

April 22, 2024 Board of Trustees Special Meeting

In Board of Trustees by Jennifer Thorsteinson

The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold a Special Meeting on April 22, 2024. The primary topic for the Special meeting is investment related presentations from Callan, AQR, and Pathway to provide education in advance of the May Quarterly meeting. There will also be a legislative update.

The public is invited to attend this meeting via webinar (link is in the agenda) and there will be an opportunity for public comment and participation at the beginning of the meeting. If the public wishes to sign up for public comment, please indicate so when registering via WebEx. Please sign up for public testimony by emailing jloesch@apfc.org by 4 pm on Friday, April 19.

April 22, 2024 APFC Board of Trustees Special Meeting Agenda

April 22, 2024 APFC Board of Trustees Special Meeting Packet