APFC Trustees Unanimously Approve Updated Asset Allocation, FY25 Budget and Third-Party Review of Trustees and Staff Communications
At the meeting, the Board unanimously adopted an updated asset allocation.
- At the meeting, the Board unanimously adopted an updated asset allocation.
- We thank them for their hospitality.” -Chair Ethan Schutt
The Board approved the FY25 budget with a directive to maintain the Anchorage Satellite Office. - After diligent consideration, the APFC Board of Trustees unanimously voted to increase the portfolio's allocation to both Private Equity and Private Income.
- The Investment Policy also provides some flexibility for staff, with bands around the target allocations for each asset class.