Chugach Investment Holdings

Investing today for a prosperous future.
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Chugach Investment Holdings (CIH) invests in real estate and private companies to help grow and protect Chugach’s future. Through long-term partnerships and disciplined investment, we generate reliable returns while building lasting opportunity for shareholders and employees in Alaska and beyond.

Real Estate

Chugach’s real estate portfolio includes investments in funds or companies that own and manage land or buildings for profit. We target real estate investment opportunities that offer stable, growing returns and consistent cash flow.

Chugach is an investor in a premier Class A office building in Anchorage, which also serves as the home of Chugach’s corporate headquarters. Chugach currently occupies two-and-a-half floors of the 14-story office tower. Chugach was the anchor tenant and invested in 2006 prior to construction.
Located in midtown Anchorage, this Class A office building represents our continued investment in Alaska’s economic hub and vibrant business community.
Chugach is invested in the Port of Tomorrow, a transformative project in Seward that will enhance infrastructure and boost tourism. Featuring a new pier and cruise terminal, this development will create jobs, expand visitor access, and drive regional economic growth for decades to come. Backed by a long-term agreement with Royal Caribbean and managed by the Alaska Railroad, the Port of Tomorrow is a cornerstone for future opportunities.

Private Equity &
Venture Capital

Private equity investments are investments in companies that are not publicly traded on a stock exchange. Chugach invests in private equity to gain ownership interest either at a minority level (less than 50%) or majority level (more than 50%).

Chugach is a limited partner in CYBER Express Wash, Alaska’s first high-tech, hospitality-first express wash — built from the ground up by Alaskans for Alaskans. With a 3-minute tunnel wash, 10-minute express detail, and no appointment needed, CYBER delivers convenience, luxury-level comfort, and next-level service in even the harshest conditions. Ranked as the #3 largest express wash in the U.S., CYBER’s Anchorage flagship brings the most advanced car care experience in the country to Alaska. Its flagship location opened in midtown in 2025, with two additional locations in development.

Chugach is a limited partner in a fund formed by First Alaska Capital Partners (FACP) and other Alaska Native Corporation investors for the purpose of making co-investments in underlying companies acquired by private equity funds managed by Harris Preston & Partners.

Chugach is a limited partner in Rainier Partners Fund I. The fund is a strategic partnership headquartered in Seattle, Washington, and is focused on lower middle-market service companies that are headquartered in the Northwest US and Canada.

Previous Investments

58th Avenue Warehouse
(2009-2024)

Midtown Anchorage warehouse for record storage.

Blacksky Technology
Common Shares (2013-2025)

Geospatial intelligence company providing real-time images and analytics.

Blacksand Fund I
(2011-2025)

Hawaii commercial real estate investment fund.

Related News & Stories

Stay informed with the latest updates from Chugach Investment Holdings.

CYBER Express Wash Closes on New Supercenter Location in Midtown

News Story

August 29, 2023

CYBER Express Wash Closes on New Supercenter Location in Midtown
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