Montana Board approves $25m commitment

The US public pension has backed a North America-focused fund.

Montana Board of Investments has committed $25 million to Veritas Capital Fund VI and carried out a secondary sale of Montlake Capital II.

The $10 billion US public pension allocates 10.6 percent of its portfolio to private equity investments.

Platinum subscribers may click herefor the pension’s full profile, including key contacts, allocation strategy and fund investments.