Montana Board of Investments (BOI), with over $14 billion AUM within its pension fund holdings, and $27.1 billion AUM overall, has made a commitment of $50 million to Oak Street Real Estate Capital Fund VI.
Oak Street Real Estate Capital Fund VI, managed by Oak Street Real Estate Capital (since 2021 a division of Blue Owl), focuses on single-tenant, triple-net lease assets across the United States. The $50 million commitment helps the fund to get closer to its target goal of $5 billion. Montana BOI previously committed $30 million to Oak Street Real Estate Fund V in 2020.