Showing posts with label Alaska wealth fund. Show all posts
Showing posts with label Alaska wealth fund. Show all posts

Saturday, September 24, 2011

Tysons Corner Center just a piece of oil-backed Alaska wealth fund’s portfolio

Tysons Corner awaits a Metro stop that will connect it more closely to Washington, but the sprawling shopping mall is already linked to a place even farther away: Alaska.

The Alaska Permanent Fund, the state’s sovereign wealth fund, owns half of Tysons Corner Center, just one piece of a $38 billion portfolio amassed in the four decades since the state’s coffers started overflowing with oil revenue.