North Dakota SIB Commits $110M to Private Equity

The North Dakota State Investment Board (SIB) approved two commitments to private equity managers totaling $110M, according to minutes from its September 13 investment committee meeting. 

The North Dakota SIB committed $60M to Horsley Bridge Growth 14, a growth equity fund of funds, and $50M to Peak Rock Capital Fund IV, a lower-middle-market buyout strategy. 

Per Dakota data, the NDSIB oversees $21B in assets. 

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