Institution:Â Montana Board of Investments
Headquarters:Â Helena, United States
AUM:Â $18.93bn
Allocation to alternatives:Â 23.20%
Bitesize:Â $10-50m
Montana Board of Investments committed $50 million to Kimmeridge Energy Exploration Fund V. Launched in 2018, the fund will invest in energy companies throughout North America.
The $18.93 billion US organisation currently allocates 23.20% to alternative assets.
As illustrated in the charts below, MBI has a strong appetite for North American energy funds. The investment organisation allocates 3% to infrastructure assets.
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