Montana Board of Investments, Helena, might increase its private equity investments to about 7% of total assets from 4%, following a staff recommendation, said Carroll South, executive director. Further details have not been determined. The board could discuss the matter at its April 15 meeting.
Independent Fiduciary Services, which is performing a one-time operational review for the $6.2 billion pension system, is also slated to present its final report at the April meeting. The presentation had been scheduled for a meeting in late February that was canceled because the board recently underwent some organizational changes, Mr. South said.
