Maryland Discloses $2B in New Investments

The Maryland State Retirement & Pension Systems disclosed thirteen commitments totaling $2.073 billion, according to materials from the February meeting.

$50 million was committed to Loop Capital Asset Management for a rate sensitive mandate, $500 million to Manning & Napier Advisors in a credit mandate, and $59 million to Ducenta Squared Asset Management in a credit mandate.

In real assets, $150 million was committed to DigitalBridge Partners III, $100 million to EQT Infrastructure VI, and $150 million to Tiverton Agrifinance III.

In private equity, $250 million was allocated to Whitehorse Liquidity Partners VI. Additionally, $163 million was allocated to undisclosed private equity co-investments. 

In private credit, $150 million was committed to NHTV II Kyoto Co-Investor, $100 million to HCR Potomac Fund II, and $35 million to GraMex Investment Holdings. 

In international equities, $300 million was committed to Silchester International Equity. And in US equities, $60 million to Isthmus Partners and $6 million to Summit Creek Advisors.

Of these commitments, five represent existing relationships for the pension fund, including Summit Creek Advisors, GraMex Investment Holdings, HCR Potomac, and Whitehorse Liquidity Partners. 

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! New call-to-action

Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.