APFC Quarterly Board of Trustees Meeting – December 12 and 13, 2017

In News by randy_d26yvygz

The Alaska Permanent Fund Corporation (APFC) will hold its Quarterly Meeting of the Board of Trustees on December 12-13, 2017 in Anchorage, AK. The public is invited to attend this meeting in-person or by teleconference; there will be an opportunity for public comment and participation.  Agenda items include: A risk and asset allocation overview, asset class updates, a performance report from Callan Associates, a compensation review, as well as a panel discussion on the opportunities and limitations for internal management of fund assets.

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Permanent Fund Trustees Seek Inflation-Proofing Bill – Alaska Journal of Commerce

In News by Kelby

“The Alaska Permanent Fund Corp. Board of Trustees unanimously passed a resolution directing corporation executives to pursue legislation to strengthen inflation-proofing mechanisms for the corpus of the $61 billion Permanent Fund, and passed motions requesting an exemption from state procurement codes and to add up to 10 new employees to its Juneau headquarters. …”

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The Board of Trustees Approves Strategic Measures to Advance APFC’s Mission

In News by randy_d26yvygz

Juneau – The Board of Trustees reviewed the fiscal year 2017 (FY17) investment performance of the Alaska Permanent Fund (Fund), considered capital market projections and approved measures to advance the strategic mission of the Alaska Permanent Fund Corporation during their Annual Meeting on September 27 and 28, 2017 in Juneau. Chief Executive Officer, Angela Rodell, stated “our constitutional mandate requires us to invest the Fund in perpetuity for all generations of Alaskans. The Board of Trustees has put in place tools and measures which recognize the climate we find ourselves in and allow us to continue on a path of success.”

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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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