New Castle County Approves $9M Allocation in Zenyth Fund II

Tags: Pension Funds, Private Equity, New Investment

New Castle County Employees Pension has officially approved a $9M allocation to middle-market buyout Zenyth Partners Fund II.

In recently published minutes from its September 18 meeting, the board unanimously approved a motion to make the commitment, pending legal review. Dakota previously reported in September on New Castle County’s plan to invest in the private equity fund managed by Zenyth Partners, based on discussions in its August meeting.

NEPC assisted the pension in the fund selection and investment review process.

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