"Alaska Permanent Fund Corporation"

For the first time in the Alaska Permanent Fund’s 40-year history, the Legislature has adopted a plan to draw money from the fund to pay for state government. Gov. Bill Walker says he’ll sign it.

The Permanent Fund Corp. is urging the Legislature to pass a plan – so that they’re able to manage fund investments more effectively.

One senator’s lawsuit over PFDs changed the way the Permanent Fund managers can use investment earnings.

In a relatively new and, so far, really successful strategy for making money for Alaska’s sovereign wealth fund, how do they pick the next big winner out of a sea of potential companies?  

The state’s sovereign wealth fund has doubled in size in less than a decade, but a market correction could be incredibly painful for Alaska’s bottom line.

An Alaska-based coalition wants the Permanent Fund Corporation to drop all of its fossil fuel holdings

The renovation will open up space. Some internal walls will be torn down. And the new space will let the corporation hire more workers, so more of fund is managed by corporation employees.

Among the funded projects are replacement floats for a harbor in Wrangell, cruise ship dock improvements in Ketchikan and Hoonah and renovation of the headquarters for the Alaska Permanent Fund in Juneau.

The corporation is investing more conservatively so it has cash on hand in case the Legislature uses fund earnings to close the gap.

It’s the third straight year that state employees have been faced with the prospect of temporarily losing their jobs.