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Montana Board of Investments approves $20m

The US public pension has backed a North American focused fund.

In December 2016, Montana Board of Investments committed $20 million to DRA Growth and Income Fund IX, a value added fund, as disclosed in its February meeting agenda.

The $10 billion US public pension has a 19 percent current allocation to alternatives.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.