$40MM Venture fund deal nearly sealed – The regional investments would focus on Montana, Idaho, Utah and eastern Washington.

A deal between Credit Suisse First Boston and the Montana Board of Investments to aim Montana dollars at local businesses is near completion.

When finalized, the agreement could potentially mean investments of more than $40 million in Montana businesses, said Carroll South, director of the state investment board.

The Credit Suisse First Boston deal overcomes barriers to the state’s isolation by including a geographic restriction. The regional investments would focus on Montana, Idaho, Utah and eastern Washington.

By ROBERT STRUCKMAN of the Missoulian

Full Story: http://www.missoulian.com/articles/2005/01/14/news/top/news01.txt