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Alaska lawmakers question use of state savings for $50 million private equity investment

Summary by KTOO
Senate President Gary Stevens, R-Kodiak, greets Gov. Mike Dunleavy while standing alongside House Speaker Bryce Edgmon, I-Dillingham, in the House chamber at the Alaska State Capitol in Juneau on Jan. 28, 2025. (Eric Stone/Alaska Public Media) Top state lawmakers say they’re investigating why $50 million from the state’s primary savings account was invested in an outside private equity fund. Former Revenue Commissioner Adam Crum committed to inv…

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KTOO broke the news in on Tuesday, October 7, 2025.
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