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Inmate running for U.S. House seat calls Alaska's News Source from federal prison to talk about candidacy, ballot lawsuit

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Inmate running for U.S. House seat calls Alaska's News Source from federal prison to talk about candidacy, ballot lawsuit


Whether or not U.S. House candidate and Democrat Eric Hafner, who’s serving a 20-year prison sentence for threatening officials in New Jersey, will remain on the ballot in November, now involves the Alaska Republican Party, the state’s Democratic Party, the state Department of Law and the state Division of Elections.



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Alaska

Alaska Permanent adds 26 PE funds to ‘impaired’ list

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Alaska Permanent adds 26 PE funds to ‘impaired’ list


Alaska Permanent Fund believes 26 private equity funds in its portfolio will fail to return carrying costs, with the system writing down about $147 million in value, according to meeting documents.

The write-down will not impact Alaska Permanent’s private equity strategy, a spokesperson told Buyouts. The system has no plans to shop the funds on the secondaries market.

“To reflect the impairment in statutory net income and fund balance classifications, $147 million of unrealized losses were realized through a write-down of cost to fair value,” Alaska Permanent Fund’s meeting materials read. “These impairments have no impact on the carrying value of investments or on the net increase in the fair value of private credit investments.”

Meeting documents from the pension fund’s September 5 meeting indicated that 26 private equity funds, along with four private credit and two infrastructure funds, would “more than likely” fail to return on the carrying cost over the remaining estimated holding period of the assets.

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This is a continuation of a trend that Alaska Permanent Fund saw last year, when 19 private equity funds in the portfolio were determined to be impaired. An undisclosed portion of the 19 private equity funds from last year carried over to the 26 funds identified in 2024, according to a spokesperson for Alaska Permanent Fund.

The impaired funds make up around 0.07% of the Alaska Permanent Fund’s value, according to the permanent fund. A spokesperson told Buyouts that the pension fund will be retaining its existing relationships with the funds and the LP’s categorization of the funds as impaired will not impact their standings.

In its meeting materials, the Alaska Permanent Fund highlighted that it had future funding commitments of $4.2 billion for private equity, along with $1.4 billion for private credit.

The pension fund also reported unrealized gains of $4.9 billion from its private equity assets, after making an additional $35 million worth of investments in the private equity sector compared to last year.

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Lawsuit could upend Alaska’s U.S. House ballot

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Lawsuit could upend Alaska’s U.S. House ballot


A state judge will rule as soon as today whether a man imprisoned in New York state will remain a candidate for Alaska’s lone U.S. House seat.

Eric Hafner, running as a Democrat, was the sixth-place finisher in Alaska’s primary election for U.S. House. However, after two other candidates withdrew, he was promoted to the state’s “final four” in the November election, which will be conducted using ranked choice voting.

Alaska Beacon is part of States Newsroom, a nonprofit news network supported by grants and a coalition of donors as a 501c(3) public charity. Alaska Beacon maintains editorial independence. Contact Editor Andrew Kitchenman for questions: info@alaskabeacon.com. Follow Alaska Beacon on Facebook and X.



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OPINION: Volunteers make the difference on National Public Lands Day

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OPINION: Volunteers make the difference on National Public Lands Day


By Maya Kaup and Andrea Feniger

Updated: 14 hours ago Published: 14 hours ago

What a beautiful summer we have been having! It’s time to celebrate our great trails. National Public Lands Day (NPLD) is the nation’s largest single-day volunteer event for public lands. In Alaska, with over 300 million acres of public land, we have a lot to celebrate. In 2024, NPLD will be held on Saturday, Sept. 28.

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Volunteering on trails is a great way to connect communities to the public lands in their backyard and it gives them a healthy, active way to share in the stewardship of these important areas. Alaska’s trails, on our public lands, improve our physical and mental health, boost our economy, and strengthen our community. For residents and visitors alike, trails get us out, keep us active and help us access the outdoors.

Alaska Trails works to enhance and maintain trails across Alaska. Sustainable trails enable all types of users to access and enjoy public lands while not compromising the integrity and beauty that make the land so unique. Trails enhance our economy in communities across the state. Whether for hunting and fishing access, Tuesday Night Races, singletrack mountain biking or a stroll with the family — trails bring us out and together. They are the backbone of outdoor life.

In the summer of 2023, the Alaska Trail Stewards volunteer program held 21 events. Volunteers contributed 1,235 hours of their time and effort, amounting to $32,273 in donated labor. Volunteers improved 47,150 feet of trail on public lands in Chugach State Park, Chugach National Forest, and the City of Whittier. In 2024, the Trail Stewards are set to complete 25 volunteer events and surpass these numbers. The Alaska Trail Stewards help land managers decrease the backlog of trail maintenance on public lands, and the program creates land stewards who walk away with knowledge and appreciation of sustainable trails in Alaska.

Sierra Club Alaska is the local chapter of an environmental nonprofit with a mission to enjoy, explore, and protect the planet. The chapter aims to protect wilderness to ensure Alaskans can explore and enjoy them for generations to come. What better way to celebrate National Public Lands Day than by partnering with Alaska Trails to improve sustainable access to our beloved hiking trails?

On National Public Lands Day, the Alaska Trail Stewards will be teaming up with Sierra Club Alaska and Chugach State Park to improve the Sunnyside Flattop Trail.

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Across the state and the Lower 48, there are great volunteer activities and you can find more information about them at the National Public Lands Day website.

If you plan to volunteer, remember to come dressed for the weather, wear work boots and work gloves, and bring a water bottle, food, and a smile. Your work is important to the trails and the great benefits they bring. Please sign up on our website.

For more information about this event or sustainable trail work in Alaska, please contact Alaska Trails at 907-334-8049 or visit their website at: www.alaska-trails.org

Maya Kaup is the volunteer and communications coordinator for Alaska Trails.

Andrea Feniger is the director of Sierra Club Alaska.

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The views expressed here are the writer’s and are not necessarily endorsed by the Anchorage Daily News, which welcomes a broad range of viewpoints. To submit a piece for consideration, email commentary(at)adn.com. Send submissions shorter than 200 words to letters@adn.com or click here to submit via any web browser. Read our full guidelines for letters and commentaries here.





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