Axiom Asia Private Capital receives commitment from MBOI

MBOI has backed an Asia-Pacific secondaries vehicle.

Institution: Montana Board of Investments
Headquarters: Helena, United States
AUM: $21.52 billion
Allocation to alternatives: 14.9%

Montana Board of Investments committed $40 million to Axiom Asia Private Capital VI, according to agenda documents from its August 2020 investment board meeting.

As illustrated below, MBOI also made a commitment to Axiom Asia Private Capital’s previous fund of funds. Alternative investments constitute 14.9 percent of MBOI’s entire portfolio.

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