FUNDRAISING NEWS | May 22, 2024
The Montana Board of Investments approved a commitment of $75 million to Tree Line Direct Lending Fund IV, according to materials from the May 22nd Board of Investments meeting.
Tree Line focuses solely on the lower middle-market.
As of March 31, 2024, the $14.8 billion pension fund allocates approximately 16.98% of their portfolio to private investments and within that subset, approximately 23.26% is allocated to private credit.
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! 
Helen Bascom is a Marketing Associate at Dakota.
