Institution: Montana Board of Investments
Headquarters: Helena, US
AUM: $25.92 billion
Allocation to Alternatives: 21.73%
Fund XI, managed by Angelo Gordon, is targeting value-add opportunities globally and has raised around $883.8 million.
The $41.65 billion US public pension has a current allocation of 9.96 percent to real estate. MBOI’s recent real estate fund commitments tend to focus on global vehicles targeting core and value-add returns.
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