Montana Board of Investments, Helena, disclosed commitments totaling $372 million for the $14.8 billion Consolidated Asset Pension Pool of nine state pension funds' assets.
The board, which manages a total of $26.7 billion in state assets, disclosed the commitments in materials for its upcoming Aug. 28 meeting.
Those commitments were $100 million each to Big Horn Investment Fund, a buyout fund managed by Fisher Lynch Capital, and Walton Street Real Estate Debt Core Fund, a real estate debt fund managed by Walton Street Capital; €75 million ($82 million) to Copenhagen Infrastructure V, an infrastructure fund managed by Copenhagen Infrastructure Partners; $50 million to Tenex Capital Partners Fund IV, a buyout fund managed by Tenex Capital Management; and $40 million to venture capital fund Builders VC Fund III.
As of June 30, the Consolidated Asset Pension Pool's actual allocations to private investments, real estate and real assets were 17%, 12.3% and 6%, respectively.
