Analysis & Insight

Trustees' Papers

A Trustees’ Paper provides insights, education, and analysis on topics relevant to important public understanding and consideration, particularly for entities like APFC entrusted with significant assets under management. APFC’s Board of Trustees has issued ten Trustees’ Papers on the Alaska Permanent Fund – the first being in 1980.

Rules based permanent endowment model for Alaska cover

Published in 2024

Trustees’ Paper Volume 10

Trustees’ Paper Volume 10 “A Rules-Based Permanent Endowment for Alaska” underscores APFC’s longstanding commitment to stewardship and accountability. The paper includes an overview of the Fund’s structure, insights into the durability issues under the current construct, and potential solutions to bring the Fund in line with modern endowment practices.

Download Trustees' Paper 10

Published 2020

Volume 9

The Role of Sovereign Wealth Funds in Saving, Stabilization, and Generating Income

Volume 9 Trustees paper cover

Published 2008

Volume 8

Wealth Management: Sovereign and Permanent Funds Around the World

Volume 8 Trustees paper cover

Published 2002

Volume 7

Making the Case for Complete and Protected Inflation-Proofing.

Volume 7 Trustees paper cover


Published 1999

Volume 6

Alaskans Speak Out on Public Policy Choices. The Role of the Permanent Fund in Alaska’s Future: The Principles & Interests Project

Volume 6 Trustees paper cover

Published 1997

Volume 5

The Early History of the Alaska Permanent Fund: Perspectives on the Origins of Alaska’s Oil Savings Account

Volume 5 Trustees paper cover

Published 1996

Volume 4

Changes to the Investment World During the Permanent Fund’s First Two Decades and a Look into the Future

Volume 4 Trustees paper cover


Published 1989

Volume 3

The Role of the Permanent Fund in Alaska’s Fiscal and Economic Future: A Collection of Public Policy Perspectives

Volume 3 Trustees paper cover

Published 1988

Volume 2

Wealth Management: A Comparison of the Alaska Permanent Fund and Other Oil-Generated Savings Accounts Around the World

Volume 2 Trustees paper cover

Published 1980

Volume 1

Public Investment in Alaska, Essays from the Early 1980s

Volume 1 Trustees paper cover

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.

BOARD OF TRUSTEES