Juneau – The Alaska Permanent Fund (Fund) has reached an unaudited value of over $60 billion, a new milestone of achievement and noteworthy result based on 40 years of successful Alaskan stewardship.
APFC Earns “Best Places to Work in Money Management”
Juneau – The Alaska Permanent Fund Corporation (APFC) was recognized by Pensions & Investments 2023 as one of the “Best Places to Work in Money Management,” earning the award for the third year in a row. As a mission-driven corporation committed to delivering outstanding returns for current and future generations of Alaskans, the Pensions & Investments award underscores APFC’s commitment …
Anchorage
DynamicResidents rank “Anchorage’s natural beauty” as the #1 reason they live in Anchorage. From the moment you open your door, you’re greeted by scenic vistas and stunning peaks that create a picturesque backdrop for residents. Discover a city that harmonizes wild Alaskan landscapes, urban conveniences, outdoor delights, and a thriving arts scene. Anchorage is Anchorage’s largest city with almost 300 …
APFC’s November Reports: Market Recovery and Financial Updates
The November History & Projections report and the monthly financial statements are now available. With the publication of the November reports, we would like to highlight – Market conditions are strengthening, and as a result, the Fund values are recovering. While accounting net income, including realized and unrealized portfolio gains, has improved, it lags behind projections. Through November, accounting net …
APFC Board Approves Governance Policy and Seeks Public Input on Strategic Plan in Quarterly Meeting
The Alaska Permanent Fund Corporation (APFC) Board of Trustees conducted their quarterly meeting on December 13th and 14th to review the performance updates for the first quarter of FY24. The asset class directors reported on staffing and strategy, and the board members were briefed on the future use of AI in the workplace. During the meeting, the Board discussed three …
The Role of Co-Investments in the APFC Portfolio
APFC has been an active co-investor, having completed over 50 different investments over the last decade. This tool enables APFC to tactically deploy capital in a more attractive investment environment to drive stronger returns and asset growth. Unlike other groups that may have a formalized program or targeted deployment rate, APFC employs an opportunistic approach where we seek out interesting …
30-Foot Totem Poles Return to Goldbelt
The 30-foot-tall totem pole outside the Michael J. Burns building came down today, following the two indoor poles that were already removed. Tlingit artists Ray Peck and Jim Marks carved the Legends and Beliefs, Creation of Killer Whale and Strongman totems, in addition to the fifteen bronze sculptures affixed to the outside of the building. “We’re honored to have been …
APFC Board Welcomes Engagement in Strategic Planning Process
Alaska works best when Alaskans are involved and informed; APFC is grateful for the public’s engagement in the October 30 Special Board Meeting. APFC values the public process and transparency that sets us apart as a leading Sovereign Wealth Fund. The Board of Trustees met to explore strategic initiatives aimed at growing the Fund and enhancing corporate functionality. Trustees sought …
Upcoming Board of Trustees Special Meeting
The Alaska Permanent Fund Corporation’s (APFC) Board of Trustees will hold a Special Meeting on October 30, 2023 in Juneau at the location identified in the agenda, linked below. The primary topic for the Special meeting is the Corporation’s Strategic Plan. The meeting will also cover committee assignments for the year and meeting locations for 2024 and 2025. The public …