"Valerie Mertz"

The in-state investments are part of a broader shift: This year, about 20% of the fund will be invested in private equity investments impossible for the public to inspect.

Anchorage Republican Sen. Natasha von Imhof said Alaskans deserve answers about Rodell’s sudden removal.

Rodell had served in the position since 2015. It grew from $51 billion to $81 billion during her tenure.