Forty-five years ago, visionary Alaskans voted to establish the Alaska Permanent Fund. As the Fund’s investment manager, the Alaska Permanent Fund Corporation works to benefit all Alaskans through our responsible stewardship of Alaska’s largest renewable financial asset. Under the guidance of the appointed Board of Trustees, with support from the Executive and Legislative branches for resources, and with reporting transparency …
Women in Finance
Diversification in action “I don’t think of finance as a man’s world,” reflects Angela Rodell, CEO of the Alaska Permanent Fund Corporation (APFC), “I think of finance as male-dominated – but it’s not their world.” It has long been understood that the best way to achieve the most stable, best performing, and sustainable investment returns is achieved through a diversified …
Looking Ahead at Fiscal Year 2022
July 1, 2021, marked the start of APFC’s 2022 Fiscal Year. As we set forth into the new Fiscal Year, following the timely resolution of the state’s operating budget, we recognize the commitment and continued professionalism of APFC staff who have been working diligently to support our fellow Alaskans. APFC remains fully operational and we continue to actively manage the …
APFC Prepares For Government Shutdown
Chief Executive Officer Angela Rodell announced today that the Alaska Permanent Fund Corporation (APFC) is taking steps to ensure that the Alaska Permanent Fund and money managed on behalf of the Alaska Mental Health Trust Authority are prudently overseen in the event of a government shutdown. The Chief Executive Officer and her staff have been diligently working to ensure that …
Trustees Assess Market Outlook and Opportunities for Real Estate
Juneau – The Board of Trustees held its quarterly meeting at the Elizabeth Peratrovich Hall in Juneau and simultaneously via webinar on May 19-20, 2021, to review the performance of the Alaska Permanent Fund through the third quarter of fiscal year 21 (FY21), review risk metrics, assess the capital markets outlook, incorporate updates in the investment policy, get an update …
The Fund At-A-Glance
Want to know more about the Fund’s mid-fiscal year 2021 values, as well as more about the Fund’s history, its structure, and APFC’s stewardship role? Get informed – At-A-Glance – PDF At-A-Glance – On the Web
Fund at a Glance
MID FY21AT A GLANCECEO LetterMid-year GlanceFund StructurePOMVHow the Fund Makes MoneyRole of APFCAccountability and TransparencyRenewable Resourcefrom the ceo: ‘our job is to protect and grow alaska’s largest, renewable financial asset’ World markets performed exceptionally well during the first six months of Fiscal Year 2021 following their rapid plunge last spring during the beginning stages of the pandemic. The value of …
Trustees Review First Quarter Performance and Consider Capital Market Insights
Juneau – The Board of Trustees held its quarterly meeting via webinar on December 9-10, 2020 to consider the Alaska Permanent Fund’s first-quarter investment performance and associated capital markets insights. … Marcus Frampton, Chief Investment Officer, recognizes that “the expected return environment for institutional portfolios today are challenged by high stock valuations and low-interest rates that are prevailing. Staff’s two …
Fund Education
HistoryEstablishing FundAPFCTimelineAlaskans’ Guide To The FundFor the ClassroomTen years after Alaska achieved statehood, oil was discovered on the North Slope and the young state was suddenly rich. To save some of this non-renewable resource for future generations, Alaskans voted to create a Permanent Fund. The first deposit was $734,000. After 40 years of wise management, APFC has grown the Permanent …
July 31 Financial Statements
Start of FY21 financial statements for the Alaska Permanent Fund are now available. As of July 31, 2020, the Alaska Permanent Fund has an unaudited total value of $63.6 billion. The Principal value is $53.3 billion; which includes $46.6 billion in constitutionally protected deposits $6.7 billion in unrealized gains The value of the Earnings Reserve Account (ERA) is $10.3 billion; …