Montana Board of Investments approves $190m in commitments

The US public pension has backed North America and Asia-Pacific-focused funds.

Montana Board of Investments has approved commitments of $60 million to Deerpath Capital Advantage Fund IV, $40 million to Blue Sage Capital III, $40 million to Axiom Asia Private Capital V, and $50 million to Crescent Asia Consumer and Deep Value Fund II.

The $11.5 billion US public pension has an 11 percent current allocation to private equity.

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