MT Board of Investments approves $85m in commitments

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

Institution: Montana Board of Investments
Headquarters: Helena, United States
AUM: $10.68bn
Allocation to alternatives: 20.24%

Montana Board of Investments announced commitments of $35 million to Kinderhook Capital Fund VI and $50 million to Tree Line Direct Lending II.

As illustrated in the charts below, the $10.68 billion US public pension has a 11.97% current allocation to private equity. This is the first fund commitment announced by MT Board of Investments for this quarter, totaling $85 million.

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