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Sovereign Wealth Funds Briefing - Categorized | Performance

Permanent fund looks back on profitable year

Posted on 26 February 2010

From Juneauempire.com: The Alaska Permanent Fund had a stellar 2009, earning 18.76 percent for the year, its managers were told Wednesday. The Alaska Permanent Fund Corp.’s Board of Trustees heard a report on the fund’s yearly performance Wednesday while meeting in the corporation’s Juneau headquarters.

The board also approved a new investment type known as “mezzanine debt,” which fund managers said might prove lucrative despite the risks…………………………………….Full Article: Source

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