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FUNDRAISING NEWS | August 15, 2023
The North Dakota State Investment Board has disclosed committing to Altor Equity Partners, according to meeting materials from the July 21 board meeting.
No other details of the private equity investment were available.
The Investment Board also approved terminating the mandate with Axiom Emerging Markets. In the North Dakota Legacy Fund, the Axiom account was valued at $177 million. Funds will be reallocated to DFA in the Emerging Markets portfolio.
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!
Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
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