FOR IMMEDIATE RELEASE
April 24, 2025

CONTACT
Carmell Engebretson, Vice President, Communications
(907) 278-3602 or cengebretson@bbnc.net

Bristol Bay Native Corporation Announces Launch of Alaska Investment Management, LLC

Bristol Bay Native Corporation (BBNC) is pleased to announce the launch of its newest company, Alaska Investment Management (AIM). AIM is an institutional asset manager headquartered in Anchorage, Alaska, with investment portfolio offerings that include Outsourced Chief Investment Officer (OCIO), Intermediate, and Short-Duration Fixed Income (i.e., cash management) strategies.

AIM will be led by Adam Tosh, CFA, CAIA, who is serving as President and Chief Executive Officer. He stated, “AIM will be very competitive given our organizations’ depth and breadth of investment expertise, experience, and resources, which bridges across multiple asset classes. The construct of this is powerful and offers a broad array of investment solutions for current and potential clients. We’re excited and believe our approach has a real chance of changing the investment management landscape, not only for Alaska, but well beyond.”

Ryan York, BBNC Chief Financial Officer said, “With AIM, BBNC can have an immediate and long-term impact within the investment management space. As the corporation continues to expand, aspects of the financial service sector offer prudent opportunities for us to build upon. The team at AIM brings a lot to the table and we’re looking forward to the growth they’ll bring to the BBNC family.”

“Building on the cultures and history of the Bristol Bay region, BBNC has a long record of generating new opportunities through strategy and innovation,” said Jason Metrokin, BBNC President and Chief Executive Officer. “Entering the investment management business is another important milestone for BBNC and demonstrates how Alaska Native Corporations are diversifying and moving forward.”

BBNC has grown significantly over its 50-plus year history and now generates more than $3 billion in annual revenue through the operations of over 150 businesses across the United States and beyond. The businesses operate in the industrial services, construction, government services, seafood, and tourism industries. Their success enables BBNC to provide meaningful benefits to its approximately 12,000 Alaska Native shareholders who have ties to the Bristol Bay region in southwest Alaska.

Since its inception in 1972, BBNC has paid over $300 million dollars to its shareholders in the form of distribution payments, in addition to providing shareholders and their families with employment support, training and educational opportunities, cultural preservation, and more.

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About BBNC: Bristol Bay Native Corporation (BBNC) is a diversified Alaska Native investment corporation dedicated to the mission of “Enriching Our Native Way of Life.” Established through the Alaska Native Claims Settlement Act of 1971, BBNC works to protect the land in Bristol Bay, celebrate the legacy of its people, and enhance the lives of its shareholders. Learn more at www.bbnc.net.

About AIM: Alaska Investment Management LLC (AIM) is a Registered Investment Advisor. Inspired by our Alaskan roots, we aren’t just Wall Street. Guided by the mission of empowering through partnerships with bespoke solutions, AIM seeks to design and grow investment solutions with our expertise and broad market lens to provide institutional investors with quality investment outcomes. Learn more at www.akimgt.com.