Alaska’s Permanent Fund
Who We Are
The Alaska Permanent Fund Corporation (APFC) was created by the Alaska Legislature in 1980 as a quasi-independent state entity tasked with the important mission of prudently investing and managing the assets of the Alaska Permanent Fund. As one of the first sovereign wealth funds, and the largest state-level fund of its kind in the United States, the Alaska Permanent Fund (Fund) has gained world-wide recognition as a model for converting a non-renewable natural resource into a renewable financial resource.
The successful stewardship of the Fund, one of Alaska’s treasured resources, is founded on the shared commitment of the APFC Board of Trustees and Staff to diligently protect the Fund’s Principal, while simultaneously striving to outperform its peers in up and down markets.
With a staff of just under 50 people comprised of highly accomplished professionals in the fields of investment management, accounting, IT, and administration, APFC is fortunate to have such talented, dedicated, and innovative team members. From managing investments of a multi-billion dollar Fund, to executing complex operational and administrative tasks, each staff member plays an essential role in carrying out APFC’s important mission.
The Alaska Permanent Fund Corporation, as the name implies, applies a long range investment vision for Alaska. APFC’s guiding principles outline our commitment to act honorably and respectfully, in order to earn the enduring professional trust and confidence of our peers and of those we serve. In our service to Alaska and our partners around the world, APFC is united in our shared values of Integrity, Stewardship, and Passion.