The Board of Trustees held its quarterly meeting in Juneau, Alaska on May 22- 23, 2019 to review the performance of the Alaska Permanent Fund through the third quarter of fiscal year 19 , assess the opportunities of active vs passive management, review the securities lending program, and consider the asset allocation of the portfolio. The Trustees did not make …
Alaska Permanent Fund Selected as North American Limited Partner Investor of the Year for 2018
The Alaska Permanent Fund Corporation (APFC) is pleased to announce that our team has been recognized for the second year in a row as the North American Private Equity Institutional Limited Partner (LP) Investor of the Year for 2018 by Private Equity International magazine. APFC’s Private Equity and Special Opportunities portfolio holds assets valued at over $8.4 billion, and generated …
Alaska Permanent Fund Returns -3.19% for the first half of FY19
The Alaska Permanent Fund’s (Fund) investments fell 3.19% in value in the first half of fiscal year 2019 (FY19) and the Fund ended December 31, 2018 with net assets under management totaling $60.4 billion, comprised of $43.7 billion in the Principal of the Fund and $16.6 billion in the Earnings Reserve Account. Despite a significant decline in US and international …
Alaska Permanent Fund FYTD19 Second Quarter Financials
The Alaska Permanent Fund (Fund) ended the first half of fiscal year 19 (FY19) on December 31, 2018 with total net assets under management valued at $60.4 billion (unaudited). The Fund is comprised of two accounts, the Principal and the ERA, that are invested using the same asset allocation with pro-rata shares attributed to each account. As of December 31, …
Alaska Permanent Fund Returns 2.13% for the first quarter of FY19
The Alaska Permanent Fund’s (Fund) investments gained 2.13% during the first quarter of fiscal year 2019 (FY19) and the Fund ended September 30, 2018 with total assets under management valued at $63.9 billion (unaudited). The Fund is comprised of two accounts, the Principal and the Earnings Reserve Account (ERA), that are invested using the same asset allocation with pro-rata shares …
Alaska Permanent Fund FY19 First Quarter Financials, Performance Report to Follow
Juneau – The Alaska Permanent Fund (Fund) ended the first quarter of fiscal year 19 (FY19) on September 30, 2018 with total assets under management valued at $63.9 billion (unaudited). The change in Fund balance from FY18 fiscal year end is attributed to a $1.3 billion gain in the value of investments and the transfer of assets from the Earnings …
APFC Recognized Among “30 Most Influential Investors in Private Credit”
Juneau – The Alaska Permanent Fund Corporation (APFC) welcomes the recognition by PEI’s Private Debt Magazine as one of the “30 Most Influential Investors in Private Credit” for our internal management team’s pioneering contributions to this asset class. On learning of this honor, Marcus Frampton, APFC’s Chief Investment Officer, remarked that “the purpose of our work is to generate attractive …
APFC Promotes Marcus Frampton to Chief Investment Officer
The Alaska Permanent Fund Corporation announced today that Marcus Frampton, CFA, CAIA has been promoted to serve as the Chief Investment Officer. Chair Craig Richards provides: “After considering many highly qualified applicants for the CIO position, the Board is convinced that Marcus is best situated to continue the remarkable success the Permanent Fund investment portfolio has recently experienced.” “I am pleased …
Alaska Permanent Fund is up $5.1 Billion in FY18
Alaska Permanent Fund is up $5.1 Billion in FY18 Juneau – The Alaska Permanent Fund’s (Fund) investments gained 10.74% in fiscal year 2018 (FY18) and the Fund ended June 30, 2018 with assets under management totaling $64,894,345,000. The unaudited value of the Fund is up $5.1 billion since the start of FY18. Chief Executive Officer, Angela Rodell, is pleased with …
Top 1000 funds – OPINION – ALASKA’S PLAN FOR GREAT PARTNERSHIPS
By Russell Read and Steve Moseley “The State of Alaska is rightly known for its frontier spirit and fierce independence. So it may be surprising to some that we at the Alaska Permanent Fund Corporation attribute strong recent performance in part to the vigour with which we have pursued a strategy of teaming up with outside partners across our $65 billion …