The Montana Board of Investments has disclosed three new commitments totaling $160 million.
$50 million was allocated to Bell Value-Add Fund VIII, a value-added fund managed by Bell Partners. $60 million was allocated to EQT Fund X, a buyout fund managed by EQT.
Lastly, $50 million was allocated to a fixed income strategy managed by Zazove Associates. No other details were immediately available.
As of December 31, 2022, the pension allocates 17.28% to private investments, 12.66% to real estate, and 6.16% to non-core fixed income.
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