Jeffrey Scott, CIO of the $40 billion Alaska Permanent Fund, one of the world’s largest sovereign wealth funds, announced today he will be joining Wurts & Associates as chief investment officer. Following nearly three years at the Alaska Permanent Fund Corporation (APFC), Scott moves to Wurts to lead the firm’s discretionary investment practice. Along with Scott, Max Giolitti, APFC’s Director of Asset Allocation and Risk will be joining Wurts as well.
The hiring of Scott and Giolitti marks another strategic resource investment by the 25 year old firm. Building upon a senior staff with an average of more than 15 years of investment experience, Wurts has strengthened its consulting and research divisions through a number of high-level appointments. Since 2008, Eric Petroff has been added as Director of Research, Brian Rowe as Director of Manager Research and Brad Ness and Jason Taylor joined the firm as senior consultants. (Press Release)