Articles from Alaska Permanent Fund Corporation

The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) held its quarterly meeting and the Ethics, Audit, & Cybersecurity Committee meeting in Sitka and via webinar on May 28 and 29. During the Board meeting, the Trustees reviewed the Fund’s asset allocation study, approved the FY26 operating budget alongside Board Resolution 25-01, and advanced strategic shifts within the Real Estate portfolio, as well as the Public Equities and Fixed Income portfolios.

The Alaska Permanent Fund Corporation (APFC) is currently soliciting applications from professionals interested in serving on the Investment Advisory Group (IAG).

The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) convened for its quarterly meeting in Juneau and via Teams Webinar on February 12-13, 2025. Key discussions included the Fund’s performance, an in-depth review of the Real Estate asset class, and updates on compliance, governance, and the APFC’s youth education initiative. The Trustees also welcomed a new member to the Board.

The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) convened for its quarterly meeting in Juneau and via Teams Webinar on December 10-11, 2024. Key discussions included the Fund’s performance, an in-depth review of the Absolute Return asset class, and updates on compliance, governance, and operations.

The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) convened for its Annual Meeting in Anchorage and via Teams Webinar on September 25-26, 2024. Key discussions included the Fund's Fiscal Year 2024 performance, investment strategy, and governance initiatives focused on ensuring the Fund's sustainability and growth for all Alaskans.

The Alaska Permanent Fund Corporation (APFC) today announced the release of its 2024 Annual Report, titled “Illuminating the Future.” The establishment of the Fund and Corporation was and remains visionary—to secure Alaska’s financial future through the prudent and diversified investment of a portion of our state’s resource-based wealth. The report highlights a year of disciplined management, significant growth, and prudent investment strategies. It underscores the Fund’s critical role in ensuring Alaska's financial stability and includes the annual third-party audit of the Alaska Permanent Fund’s financial statements and details on the Fund’s performance, asset allocation, and ongoing strategic initiatives.

The Board of Trustees of the Alaska Permanent Fund Corporation (“APFC”) held a meeting in Fairbanks and via Teams Webinar on July 24, 2024. Board action items included the approval of APFC’s Investment Policy Statement (IPS), which includes the new FY25 asset allocation and adoption of additional staff-proposed edits. Following reports from the Audit and Governance Committees during today’s meeting, the Board voted to approve several governance changes and requested staff and advisors continue working on governance practices and protocols to bring forward at upcoming meetings.

The Board of Trustees of the Alaska Permanent Fund Corporation (APFC) held its quarterly meeting in Utqiaġvik and via webinar on May 29 and 30. At the meeting, the Board unanimously adopted an updated asset allocation. In addition, the Board voted to approve the FY25 operating budget with a directive to maintain the Anchorage office and to contract with a third-party law firm to provide a review of Trustee and Staff communications over the past six years, as well as the recent unauthorized release of internal records.