Deven Mitchell, CEO, and Marcus Frampton, CIO of the Alaska Permanent Fund, discuss the unique dynamics of the only sovereign wealth fund in the U.S. They delve into the fund's origins, driven by Alaska's oil boom, and its vital role in supporting the state's budget with annual resident dividends. The duo shares insights on adapting investment strategies amidst fluctuating oil prices and the legal complexities tied to fund management. They also explore Alaska's potential as a renewable energy hub, emphasizing sustainable stewardship for future generations.
