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New investment officer to oversee permafund

...Allen has extensive experience managing large institutional funds," said Robert D. Storer, executive director of the corporation. "Equally as important, he understands the role of the Permanent Fund in the history of this state because...
Permafund dividend dips to $845.76

...said. "We're really here tonight to celebrate our prosperity," Murkowski said. Mike Burns, executive director of the corporation, said this year's fund was ranked 15th in performance nationally against public and private pension funds...
Goldbelt hopes for upswing in SE's tourism industry

...he wanted to wait until the end of his term as chairman before making any decisions. Wanamaker will remain a director of the corporation until his term ends in two years.
Upcoming PFDs may fall to $850 ride is over." The state could reach that point in four to eight years, said Bob Storer, executive director of the corporation. "Not only would the dividend potentially cease to exist but you'd discontinue being able to draw down the...
Permanent Fund to raise rates for state bank lending

...Alaska banks, giving them a low-cost source of funds with which to make loans, said Mike Burns, executive director of the corporation. The program was created in 1984 to "provide liquidity to banks, and help the Alaska economy," Burns said...


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