After a disastrous turn promoting a private-equity investment plan that other members of the APFC board of trustees declined to back (and, while doing so,supplied to the Alaska Landmine political news website revealed further misbehavior by Rubenstein behind the scenes at the state corporation charged with managing the state’s nest egg.
In fairness to Rubenstein, it would be difficult for her to avoid conversations with some of the people involved — one is her father David Rubenstein, co-founder of the massive Carlyle Group private equity firm. In addition, her experience with her own private equity firm, Manna Tree, brings her into regular contact with other financiers and investors, especially those with whom she has financial relationships.
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