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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Alaska state fund owns half a shopping mall

Posted on 26 September 2011

The Alaska Permanent Fund, the state’s sovereign wealth fund, owns half of Tysons Corner Center, just one piece of a $38 billion portfolio amassed in the four decades since the state’s coffers started overflowing with oil revenue.
In 1969, Alaska received a $903 million check from the first sale for oil- and gas-drilling leases on the North Slope. The check was more than five times the size of the state’s annual budget……………………………………….Full Article: Source

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