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Alaska Permanent Fund begins CIO search

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The Alaska Permanent Fund Corporation has announced that it was seeking applicants for the chief investment officer position, as current CIO Jeffrey Scott plans to leave the fund in August.

The CIO works under the general direction of the executive director to manage the $40 billion Alaska Permanent Fund, which is a sovereign-style fund created in 1976 to preserve Alaska’s mineral wealth.

Key responsibilities in the position include hiring, terminating and monitoring of internal and external managers; monitoring and communicating the multitude of risks associated with fund assets, managers and processes; researching and