Montana to ease secondary-market sales in the near term


private equity, pension fund, Montana Board of Investments, David Ewer
  • Retirement system sells $15 mln stake in Montlake Capital fund
  • Montana previously unloaded stakes of Madison Dearborn, Summit funds
  • PE portfolio netting 12.2 pct IRR since inception
Montana Board of Investments may ease up on its unloading of private equity funds stakes on the secondary market, Executive Director David Ewer told Buyouts. “Probably not so much in the near term,” Ewer said. “It’s probably a balance of ...

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