Montana Board of Investments approves $25m

The US public pension has backed a North American focused fund

In December 2016, Montana Board of Investments committed $25 million to Veritas Capital Fund VI, a buyout fund, as disclosed in its February meeting agenda.

The $10 billion US public pension has a 19 percent current allocation to alternatives.

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