Wayne County ERS Commits $15M to Sturbridge PE Fund

The Wayne County Employees’ Retirement System has approved a $15M commitment to Sturbridge Diversified Private Equity Fund III, per recently published materials from the quarterly board meeting on August 9.

Titan Wealth Advisors assisted with the recommendation on the private equity secondaries fund.

As of September 30, Detroit-based Wayne County ERS had a value of $840.9M, allocating 55.5% to equities.

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Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.

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