The Alaska Permanent Fund, the No. 1 source of general-purpose revenue for state services and the Permanent Fund dividend, suffered a multibillion-dollar loss during last week’s stock market crash.
According to preliminary figures published by the Alaska Permanent Fund Corp., which manages the fund, the fund’s assets declined from $81.7 billion on Tuesday to $79.7 billion at the end of the day on Friday. Figures for Monday were not immediately available.
From Wednesday through…
