MB
Montana Board of Investments
Pension fund · Founded 1972 · Helena, United States
Who Montana Board of Investments is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The Montana Board of Investments was established by the state legislature in 1972.
- It was created to manage the state's investments according to constitutional and statutory guidelines and is administratively attached to the Department of Commerce.
Source of Capital
- The board manages funds from state and local governments within Montana.
- Its investment pools include capital from nine state pension funds, such as the Public Employees' Retirement System and the Teachers' Retirement System, as well as state trust funds.
Allocation Strategy
- The board invests across a diversified range of assets, including private equity, private credit, real estate, and public markets.
- A specific mandate includes the In-State Investment Program, which focuses on financing new or expanding businesses within Montana to foster local economic growth.
- The board has indicated intentions to increase its target allocations to private market assets, including private equity and private credit, for certain investment pools.
The funds Montana Board of Investments backs.
Montana Board of Investments is a limited partner in 133 funds. 10 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How Montana Board of Investments’ fund book is spread.
The 133 funds Montana Board of Investments backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters, across the 132 of 133 with a location on record.
- North America 11083%
- Europe 129%
- Rest of world 108%
United States 107 · United Kingdom 6 · China 4 · Canada 3
How established those managers are
Managers grouped by how many funds they have raised. 39 emerging (three funds or fewer), 45 established — across the 84 of 133 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Montana Board of Investments by combined power-law score — North America first, then the nearest worldwide.