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Montana Board of Investments approves $85m commitment

The US public pension has backed two North America-focused funds..

Montana Board of Investments has approved a $45 million commitment to Kimmeridge Energy Exploration Fund IV and a $40 million commitment to CapitalSpring Investment Partners V.

The $11 billion US public pension allocates 10.7 percent of its portfolio to private equity investments.

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