Wednesday, 28 September 2016
Last updated 13 hours ago
Oct 21 2008 | 10:23am ET
A former top executive at hedge fund Tahoma Capital has been named chief investment officer of The Alaska Permanent Fund.
Jeffrey Scott will join the Juneau-based semi-public fund next month. Scott served as CEO and CIO of Bellevue, Wash.-based Tahoma from 2005 until 2007, before founding his own financial management and consulting business, JCS Advisors. Prior to joining Tahoma, Scott managed a $60 billion absolute return portfolio for software giant Microsoft Corp.
“Jeff has experience with the asset classes in our portfolio, but his experience has been managing to a different time horizon,” APFC CEO Michael Burns said. “We’re excited that Jeff will bring a different perspective to the permanent fund.”
Scott will take the reins from Richard Shafer, who retired from the APFC in August to join the New Hampshire Retirement System.