The glass is half-full for Alaska’s sovereign boss
APFC chief executive Angela Rodell sees opportunity in the Covid market disruption.
The Alaska Permanent Fund Corporation (APFC) is the oldest and largest sovereign wealth fund in the US, and one of the oldest in the world, having been founded in 1980. Today it has $64.7 billion under management.
As an oil fund, it acts as a diversifier for the Alaskan economy, both for the future and for the present.