DC debt showdown doesn't faze Alaska investment managers

Juneau Empire
By Pat Forgey

Despite the stakes in the highly partisan debt ceiling battle now ongoing in Washington, D.C., the state’s top public investment fund managers say they don’t expect it to harm the tens of billions of dollars the state has invested in financial markets.
“This is political theater we’re dealing with,” said Mike Burns, executive director of the Alaska Permanent Fund Corp., which manages the state’s $40.6 billion Permanent Fund.