Montana to target small-market funds with future commitments

Montana Board of Investments, private equity, pension fund
Beautiful view of Josephine lake, Glacier National Park, Montana. Photo courtesy srongkrod/iStock/Getty Images
  • Montana to be selective in committing to large-market funds
  • Debt, Asia-focused funds also being considered
  • Portfolio netting 12.38 pct IRR since inception
Montana Board of Investments will lay out its private equity investment strategy at its meeting later this week, according to a presentation released by the $11.1 billion public-pension system. As it has in previous years, Montana will be selective in ...

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