---
title: Montana Commits $205M to Private Credit and Real Estate
description: Montana Commits $205M to Private Credit and Real Estate.
---

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# [Montana Commits $205M to Private Credit and Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/montana-commits-205m-to-private-credit-and-real-estate)

 Written by [Koncheng Moua, Director of Data Management and Strategy](https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy) | August 02, 2022

The Montana Board of Investments has committed $205 million across one private credit and two real estate funds, according to meeting materials from the August 3-4 Board meeting.

$75 million as committed to Tree Line Direct Lending Fund III. Tree Line Capital focuses on direct lending to the lower middle market. 

In real estate, Montana committed $50 million to value-add fund, Marcus Partners Fund IV; and $80 million to opportunistic fund, AEW Cold Storage Properties Fund. 

The Montana Board of Investments oversees approximately $13.5 billion in assets for nine of the State’s retirement plans.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of *[*Dakota Marketplace*](https://www.dakota.com/dakota-marketplace)*! *

* *

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/montana-commits-205m-to-private-credit-and-real-estate)

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