Expert Perspectives
Advisors
To support the Board of Trustees in its oversight of the Alaska Permanent Fund, APFC engages independent advisors and an institutional investment consultant who offer expertise in portfolio strategy, governance, and global market trends. Together, they provide insights to enhance the Corporation’s decision-making and stewardship of Alaska’s largest financial resource.
Independent Expertise Supporting APFC's Board
Investment Advisory Group
The Investment Advisory Group (IAG) was established in February 2001 to provide APFC Trustees with independent insight into the increasingly complex and evolving landscape of institutional investing. Its members bring deep expertise in portfolio management, large-scale fund oversight, and endowment and trust management. Advisors serve staggered three-year terms, ensuring continuity and diverse perspectives.
APFC General Performance Consultant
Callan
Callan has served as APFC’s investment consultant for nearly three decades, working closely with the Board of Trustees, staff, and the Investment Advisory Group to support the Corporation’s role as a trusted steward of the Fund.
Callan provides core consulting services, including investment policy and procedure review, annual asset allocation planning, performance reporting and analysis, risk assessment, statistical modeling, and manager search, selection, and oversight, along with additional advisory services as needed. Callan also presents at quarterly Board meetings, delivering comprehensive updates on Fund performance and capital market conditions.
Governance and Fiduciary Oversight
Board of Trustees
APFC operates under the oversight of a six-member Board of Trustees. The Board serves as fiduciaries of the Alaska Permanent Fund and is responsible for ensuring the Fund is managed in accordance with state law and the highest standards of integrity, transparency, and financial stewardship.