Delaware Public Employees’ Commits $120M to Private Equity

The Delaware Public Employees’ Retirement System (DPERS) approved a $120 million commitment to private equity fund, Summit Partners Growth Equity Fund XII, per meeting minutes from the June 18th board meeting.

$80 million will be allocated to Summit GE XII, and $40 million to potential co-investments.

As of May 31, 2024, DPERS has a market value of $14.3 billion.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.

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