All of the fund’s cryptocurrency investments combined are a tiny sliver of the private equity portfolio.
"Marcus Frampton"
Alaska Permanent Fund Corp. posts negative returns for first time since 2012
The decline will not have an immediate negative effect on state finances, but continued losses would reduce available cash for services and dividends.
The Alaska Permanent Fund is making its biggest investments within Alaska since the 1980s, but many of the details remain secret
The in-state investments are part of a broader shift: This year, about 20% of the fund will be invested in private equity investments impossible for the public to inspect.