ND State Investment Board Commits $136 to Alts

The North Dakota State Investment Board approved four commitments to alternatives totaling $134 million.

In private equity, $34 million was committed to HIG Advantage Buyout Fund II and $17 million to HIG Capital Partners VII.

Within private credit, $50 million was allocated to Fortress Credit Opportunities VI. And in real estate, $35 million to Cerberus Global NPL Fund II.

As of March 31, 2024, the pension fund was valued at approximately $3.3 billion.

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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