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Asia firms get $110m commitment from U.S. pension fund Montana BOI

Axiom Asia, Singapore-headquartered OCP Asia to receive money, board report says

The Montana Board of Investments has a track record of investing in funds managed by Asia-focused general partners. (Source photo from AP and logo from Montana government official state website)

HONG KONG -- The Montana Board of Investments has made two commitments worth a total of $110 million to two Asia funds, Axiom Asia and OCP Asia.

The U.S. pension fund has committed $60 million to Axiom Asia Fund 7 and another $50 million to OCP Asia Fund V, it shared in a board report.

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