Alaska Permanent Fund has appointed Jay Willoughby as CIO of the $38 billion Alaska Permanent Fund Corp. (AFPC). Willoughby will take up the new role from November 1 with an annual remuneration of $325,000.
Willoughby replaces Jeffrey Scott, who left the sovereign wealth fund in August to join an institutional investment consulting firm Wurts & Associates as CIO, adds Pensions & Investments. Previously, Willoughby has served at New Jersey–based midsize hedge fund Ironbound Capital Management as a co-managing partner.
Click here for the release from Alaska Permanent Fund Corp.
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