# Sealaska Corporation

Sealaska Corporation is an Endowment / Foundation based in Juneau, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Juneau, United States
- **Region:** North America
- **Address:** One Sealaska Plaza, Suite 400, Juneau, AK 99801, United States
- **Founded:** 1972
- **Assets under management:** 322 (Altss estimate)
- **Website:** sealaska.com
- **LinkedIn:** https://www.linkedin.com/company/sealaska-corporation

## Regulatory record

- **Reports private funds:** No

## About

Sealaska Corporation was established in 1972 under the Alaska Native Claims Settlement Act. Richard (Tashee) Rinehart chairs the board. The corporation's wealth stems from land entitlements and natural resource rights granted to Tlingit, Haida, and Tsimshian shareholders. Sealaska deploys capital across private equity, real estate, and natural resources. It holds a 12.11 percent allocation to private equity. The firm owns operating businesses including New England Seafood International in the United Kingdom, IceMar in Iceland, and Gregg Drilling in the United States. Geographic reach covers Southeast Alaska, the United Kingdom, Iceland, and Ireland. Sealaska also manages 176,000 acres for carbon sequestration credits valued at 144 million USD. The Marjorie V. Young Shareholder Permanent Fund stands at 322 million USD. Sealaska employs 201 people and maintains its headquarters in Juneau. Adjacent vehicles include the Sealaska Heritage Institute, established in 1980, and the Sealaska Settlement Trust, formed in 2021. In June 2024 the corporation sponsored a cultural celebration event in Juneau. Sealaska operates through a holding company structure under Woocheen that separates for-profit subsidiaries from the nonprofit Sealaska Heritage Institute. This architecture allows direct ownership of portfolio companies while directing land-use decisions and cultural programs through dedicated entities.

## Sectors

- Natural Resources
- Sustainable Foods
- Environmental Services

## People

- Richard (Tashee) Rinehart — Chairman of the Board of Directors
- Sarah Dybdahl — President

## Questions

### Who runs investment decisions at Sealaska Corporation?

Sarah Dybdahl serves as president. Richard (Tashee) Rinehart chairs the board of directors. Investment oversight occurs through the corporation's business groups in natural resources and government services.

### Does Sealaska Corporation participate in fund commitments or only direct deals?

Sealaska holds a 12.11 percent allocation to private equity. It also maintains direct ownership of operating businesses through Woocheen including New England Seafood International and Gregg Drilling.

### What investment stages does Sealaska Corporation typically target?

The corporation focuses on buyout opportunities through its private equity allocation. It also acquires and operates established businesses in sustainable foods and environmental services.

### How is Sealaska Corporation related to Sealaska Heritage Institute?

Sealaska founded the Sealaska Heritage Institute in 1980 as a separate nonprofit. The institute receives land donations and funding from the corporation for cultural preservation programs.

### What geographic footprint does Sealaska Corporation cover?

Core operations remain in Southeast Alaska. Portfolio companies extend to the United Kingdom, Iceland, and Ireland through direct ownership of seafood and geotechnical businesses.

## Related profiles

- [GP Investments](https://altss.com/profile/gp-investments)
- [CIT Bank](https://altss.com/profile/cit-bank)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/sealaska-corporation

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