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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, People

Permanent Fund managers won’t talk about residency plans

Posted on 17 September 2010

From Adn.com: The Alaska Permanent Fund’s two top investment managers don’t appear to have established residency in Juneau and won’t respond to Juneau Empire questions about their plans. Lawmakers have called on Jeffrey Scott, the fund’s chief investment officer since 2008, and his top deputy, Max Giolitti, an employee since 2009, to move north and “really invest in the state.”
Scott’s residency [and] that of some other top Permanent Fund money managers have some legislators concerned as well. After raising questions about where Scott was living last year, they said recently that they were disappointed to find out he hadn’t yet moved to Juneau, but that fund managers have disregarded legislative concerns in the past…………………………………….Full Article: Source

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