Alaska Permanent Fund Returns Stellar FY17 Performance Results

In News by randy_d26yvygz

Juneau – The Alaska Permanent Fund’s (Fund) investments gained 12.57% in fiscal year 2017 (FY17) and the Fund ended June 30, 2017 with a total record value of $59.8 billion, comprised of $47.0 billion in the Principal of the Fund and $12.8 billion in the Earnings Reserve Account. Following the FY17 year-end close, the Total Fund value has continued climbing to record highs and is now well over $60 billion.

Reflecting on the recent noteworthy performance of the Fund and 40 years of successful Alaskan stewardship, the Board of Trustees Chair Bill Moran offered that this “high mark is a testament to the Alaskans who had the foresight to create the Fund, the leaders of yesterday and today who have maintained the integrity of the Fund and the dedicated professionals of the Alaska Permanent Fund Corporation who have attentively invested the Fund.”

APFC’s CEO Angela Rodell stated that “the success of the Fund has been built upon decades of investment experience and the firm commitment of the Board of Trustees to establish sound investment, governance and transparency practices. Due to these efforts, not only has the Fund reached an all-time high value it has also achieved world-wide recognition as a model for converting a non-renewable natural resource into a renewable financial resource.”

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Permanent Fund’s Special Investments Do Right by Alaskans – Alaska Dispatch News

In News by Kelby

“Every morning, I pass by words engraved physically on our wall but, more importantly, philosophically at our core. “Maximize the value of Alaska’s Permanent Fund through prudent long-term investment and protection of principal to produce income to benefit all generations of Alaskans.” These words embody the mission that inspires my 41 colleagues to do what we do best: partner with the most experienced and talented investors across asset classes, acquire the highest-quality assets and support visionaries who lead the world’s most promising companies. …”

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Alaska Permanent Fund Corporation Working for Alaska

In News by randy_d26yvygz

With an Operating Budget for Fiscal Year 2018 passed by the Alaska State Legislature, the Alaska Permanent Fund Corporation (APFC) will remain fully staffed and working on behalf of Alaska. Chief Executive Officer Angela Rodell notes she is pleased that APFC will not need to activate its business continuity plan and that APFC’s staff can remain focused on the active management of the Alaska Permanent Fund.

Board of Trustees Quarterly Meeting

In News by Kelby

The Alaska Permanent Fund Corporation’s Board of Trustees held their quarterly meeting in Juneau, Alaska to review the investment performance of the Alaska Permanent Fund (Fund) and evaluate practices pertaining to the management of the Fund. CEO Angela Rodell notes, she is “exceptionally proud of the team at APFC, and it is rewarding to see that staff’s stewardship of the Fund and commitment to being world-class investors is being recognized on a global stage.”

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