Anne Arundel County Allocates $40M to Private Credit

The Anne Arundel County Retirement and Pension System approved an allocation of $40 million to HarbourVest Direct Lending Fund, according to minutes from the March 19th Board meeting. 

At a prior meeting, staff discussed targeting $90 million to private markets for the year. The Pension System previously approved a $50 million commitment to Apogem.

General Consultant, NEPC assisted with the recommendation. 

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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