Montana Board Discloses $160M in New Investments

The Montana Board of Investments has disclosed three new commitments totaling $160 million.

$50 million was allocated to Bell Value-Add Fund VIII, a value-added fund managed by Bell Partners. $60 million was allocated to EQT Fund X, a buyout fund managed by EQT. 

Lastly, $50 million was allocated to a fixed income strategy managed by Zazove Associates. No other details were immediately available.

As of December 31, 2022, the pension allocates 17.28% to private investments, 12.66% to real estate, and 6.16% to non-core fixed income.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!