Asset Owner Directory

Alaska Permanent Fund Corporation

The Alaska Permanent Fund Corporation (“APFC”) is the largest sovereign wealth fund in the United States. APFC seeks to create positive economic impact and long-term value for Alaskan constituents, the companies they invest in, and the partners with whom they work.

Country

United States

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$76

Performance (%, 1YR)

-1.32

Chief Executive

Deven Mitchell

Chief Investment Officer

Marcus Frampton

Chair

Ethan Schutt

Asset allocation

Asset allocation target not actual

38% Public Equities

20% Fixed Income

16% Private Equity and Special Opportunities

8% Real Estate

9% Private Income

6% Absolute Return

1% Risk Parity

2% Cash

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of June 30, 2022. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Featured Story

APFC mulls self evaluation and more board members in governance revamp

In a recent board meeting, trustees at APFC heard from governance experts on the importance of self evaluation; why rules around trustee contact with investment staff are important and how more board members could support oversight at the sovereign wealth fund.

Sarah RundellMay 23, 2023

Investor Profile

Alaska grows wary of private equity

Alaska's CIO Marcus Frampton explains why he's keen to pare back private equity. Writing smaller cheques comes with consequences but he'd rather get the right portfolio exposures ahead. Absolute return and RE become a focus.

Sarah RundellFebruary 21, 2023

Governance

Alaska’s recruitment challenges threaten performance and reputation

Recruitment and retention of investment and operations staff at the $79.4 billion Alaska Permanent Fund Corporation is now so acute the fund is exposed to operational risk with potential adverse impacts on performance and corporate reputation.

Sarah RundellJuly 19, 2022

FIS Digital – June 2020

Transition portfolios of stocks and cash

Forget traditional portfolios of stocks and bonds, in portfolios of the future, low yielding bonds could be ditched for cash suggest FIS2020 Digital panellists.

Sarah RundellJuly 9, 2020

Risk

Alaska focuses on risk, cautious outlook

A year ago, the Alaska Permanent Fund appointed its first chief risk and compliance officer, Sebastian Vadakumcherry. With current investment conditions, and a move to a more conservative outlook, the relationship between Vadakumcherry and CIO, Marcus Frampton is proving its worth. We look at the fund’s approach to risk, its outlook for capital markets, and how data will give it an edge.

Amanda WhiteNovember 13, 2019

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