Gabrielle Rubenstein Resigns From $80 Billion Alaska Fund

  • She had been accused of interfering with investment decisions
  • The fund is overhauling its processes for investment referrals
David Rubenstein and Gabrielle Rubenstein arrive for a State Dinner at the White House in 2018.

Photographer: Alex Brandon/AP Photo

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Gabrielle “Ellie” Rubenstein, a daughter of Carlyle Group Inc. co-founder David Rubenstein, resigned from the board of Alaska’s sovereign wealth fund following allegations that she improperly interfered with investment decisions.

Her departure from the Alaska Permanent Fund, where she was vice chair, takes effect Aug. 1, she announced at its board meeting Wednesday, surprising some of the trustees.