Deven Mitchell is the executive director and chief executive officer of the Alaska Permanent Fund Corp. (Photo courtesy of the Alaska Permanent Fund Corp.)

Deven Mitchell is the executive director and chief executive officer of the Alaska Permanent Fund Corp. (Photo courtesy of the Alaska Permanent Fund Corp.)

My Turn: APFC remains focused on continuing legacy for generations of Alaskans

The Alaska Permanent Fund Corp. is honored to have its headquarters in Juneau. Since the corporation’s establishment in 1980, our objective has been to manage and invest the assets of the Alaska Permanent Fund (the Fund) to benefit generations of Alaskans. Our presence in Juneau is part of the foundation we have built over the years.

The Michael J. Burns building, also known as Goldbelt Place, contributes to the legacy of providing a financial return to Alaskans for almost four decades. The building has been a holding in the Fund’s real estate portfolio since 1986, which coincidentally is the same year that I graduated from Juneau-Douglas High School. The building has been home to many talented professionals who have worked diligently over the years to protect and manage the wealth of the Fund. Through unwavering commitment to this shared vision, APFC has grown the Fund to more than $77.4 billion and has become, as intended, an enduring financial resource for the state of Alaska.

As a public endowment, the Fund’s wealth is the responsibility of every state resident. Alaskans are invited and encouraged to visit our headquarters in Juneau during the upcoming APFC open house. We welcome you to tour the office, meet the trustees and staff, and learn more about our work to manage and invest the Permanent Fund.

The open house is on Feb. 15 at 5 p.m. at our Michael J. Burns Building office following the first day of the Board of Trustees’ quarterly meeting. During the board meeting there will be general updates from both APFC’s chief investment officer and chief risk officer, as well as a review of the private income asset class, a quarterly Permanent Fund performance overview, and expected board action on the strategic plan. Visit apfc.org for more information on the February quarterly board meeting and APFC open house.

While the Fund and its use have evolved through the years, APFC’s commitment to Alaskans remains unchanged. As a lifelong Alaskan, it is my honor to be part of continuing the legacy of securing the Fund for future generations of Alaskans.

• Deven Mitchell is the executive director and chief executive officer of the Alaska Permanent Fund Corp.

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