Howard County Commits $10M to MPE Partners

The Howard County Master Trust has committed $10 million to the MPE Partners Fund IV.

The private equity investment was approved at the May 17 board meeting, according to recently released meeting minutes.

NEPC assisted with the investment.

As of May 31, 2023, the $1.3 billion pension plan has an actual and target allocation to private equity of 14.1% and 13% respectively.

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: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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