Montana Board of Investments, Helena, committed $20 million to White Deer Energy II, a buyout fund focusing on the energy sector managed by White Deer Management, according to documents prepared for the board's Feb. 26-27 meeting.
Separately, the board, which oversees $8.2 billion in pension assets, will vote on recommendations to take Post Advisory Group and Martin Currie Investment Management off its watchlist. Post Advisory manages about $162 million in a high-yield strategy for the board and Martin Currie, $100 million in active international large-cap growth equity.