The nearly $90 billion Permanent Fund is outperforming similar large funds on a risk-adjusted basis, investment consultants with the firm Callan told lawmakers this week.
"Alaska Permanent Fund Corporation"
Permanent Fund leaders again call to restructure fund as spendable cash dwindles
The issue is not with the $80-plus billion fund itself, managers say. Lawmakers could eliminate the problem by combining the fund’s two accounts and capping the annual draw.
Alaska Permanent Fund Corp. board approves 10% raise for CEO
Board chair Jason Brune said the raise comes after CEO Deven Mitchell got high marks on an annual performance evaluation conducted in a closed-door session.
Despite concerns of capital creep, Juneau advances plan to move City Hall to Michael J. Burns building
The city’s proposal is to form a condo association with the Alaska Permanent Fund Corporation, instead of renting two floors of the building.
For Juneau mayor, incumbent Beth Weldon faces challenger Angela Rodell
The former Alaska Permanent Fund Corporation CEO is running on a fiscally conservative platform and out-fundraising Weldon so far.
Why Permanent Fund managers are again sounding the alarm about a key account running low
At a meeting on Monday, the managers called on the Legislature to amend the state Constitution to head off what they say is a real risk of a fiscal crisis.