12.10.2011 - Alaska Permanent Fund makes headway in tapping new CIO
The $36.7 billion Alaska Permanent Fund Corporation (APFC) -- which won aiCIO's 2010 Industry Innovation Award in the Sovereign Wealth Fund category -- is close to hiring a new chief investment officer. The top candidates, according to Juneau Empire, are Maria Tsu of Anchorage and Jay Willoughby of New Jersey. Either will replace the Permanent Fund's former CIO Jeffrey Scott, who announced in June that he would depart from the sovereign wealth fund to join Seattle-based consulting firm Wurts and Associates -- which advises over $34 billion in institutional assets -- to lead its discretionary investment practice..............................................Full Article: Source
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