Alaska Permanent Fund Corporation

Sovereign Wealth Fund Juneau, Alaska, United States ·Founded 1980

Overview

Established in 1980, the Alaska Permanent Fund Corporation (APFC) is a state-owned entity responsible for managing the assets of the Alaska Permanent Fund and other funds designated by law, such as the Alaska Mental Health Trust Fund. The Fund was created in 1976 to invest a portion of the state's oil revenues for the benefit of current and future generations of Alaskans. As of November 30, 2025, the Fund's total value was approximately $85.8 billion, with a year-to-date return of 4.94% as of October 31, 2025. APFC employs a diversified investment strategy across multiple asset classes, including fixed income, equities, real estate, and alternative investments. The Fund's earnings are primarily used to pay the Permanent Fund Dividend (PFD) to eligible Alaskan residents, with the remaining earnings allocated to inflation-proofing the Fund and supporting state government services. In 2025, the PFD amount was set at $1,000 per eligible resident. The Corporation operates under the oversight of an independent Board of Trustees, which sets investment policies and reviews the Fund's performance. APFC is committed to prudent management and long-term growth, ensuring the Fund continues to provide financial benefits to Alaskans for generations to come.

Investment Focus

  • Focus on long-term growth and stability
  • Alignment with APFC's investment policies and objectives

Portfolio Companies

AppleMicrosoftAmazonAlphabetJohnson & JohnsonExxonMobilProcter & GambleVisaPfizerTeslaBPBerkshire HathawayWalmartMastercardChevronCoca-ColaPepsiCoMcDonald'sRoyal Dutch ShellConocoPhillips

Reach Alaska Permanent Fund Corporation directly

Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.

Unlock full contacts →

Frequently asked questions about Alaska Permanent Fund Corporation

What sectors does Alaska Permanent Fund Corporation invest in?

Alaska Permanent Fund Corporation invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Industrials, and is based in Juneau, Alaska, United States. Alaska Permanent Fund Corporation is listed as a sovereign wealth fund in the ConnectSafely investor database.

What stage does Alaska Permanent Fund Corporation invest at?

Alaska Permanent Fund Corporation backs companies at Growth, Late Stage, Pre-IPO, Buyout, Turnaround and Distressed, writing cheques of 1M - 1B.

Which regions does Alaska Permanent Fund Corporation invest in?

Alaska Permanent Fund Corporation invests across United States.

Who are the partners at Alaska Permanent Fund Corporation?

Team members listed for Alaska Permanent Fund Corporation include Allen Waldrop (Deputy Chief Investment Officer - Private Markets) and Valerie Mertz (Chief Financial Officer).

What companies has Alaska Permanent Fund Corporation invested in?

Alaska Permanent Fund Corporation's portfolio includes Apple, Microsoft, Amazon, Alphabet, Johnson & Johnson, ExxonMobil, Procter & Gamble and Visa.

How do I contact Alaska Permanent Fund Corporation?

Alaska Permanent Fund Corporation's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.

Last updated · Source: ConnectSafely investor database