MBOI makes $50m commitment

The organisation has re-upped with CapitalSpring.

Institution: Montana Board of Investments
Headquarters: Helena, US
AUM: $23.04 billion
Allocation to alternatives: 17.05%

Montana Board of Investments committed $50 million to CapitalSpring Investment Partners VI, according to the organisation’s June 2021 investment board meeting document.

MBOI also previously committed $40 million to the fund’s predecessor, CapitalSpring Investment Partners V which held a final close at $725 million in August 2017, exceeding its $500 million target.

As illustrated below, MBOI’s recent private debt commitments have primarily been focused on North America in the real estate and corporate sectors. Private investments, which include both private equity and private debt, constitute 7.6 percent of MBOI’s entire investment portfolio.

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