Howard County Master Trust Targets $10M for Private Equity Fund

Howard County Master Trust has recommended a $10 million commitment to Partners Group Direct Equity Fund V.

Investment consultant, NEPC, recommended the commitment to the Partners Group Fund at the October 19 board meeting, according to meeting materials. Partners Group focuses on select growth themes, platform companies, and asset transformation for private equity. 

The $1.29 billion pension plan currently allocates 16.7% to private equity, with a 13% target allocation.

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