LP Profile

New Castle County, Delaware Employees' Pension Program

Public Pension FundNew Castle, United States
$500M
Assets Under Management
New Castle
Headquarters
Investment Focus

About New Castle County, Delaware Employees' Pension Program

New Castle County, Delaware Employees Pension Program's investment portfolio is valued at $507.52 million as of June 30, 2023, with investments in private equity, real estate, hedge funds, real assets, natural resources, publicly-traded equities, fixed-income securities, cash, and other alternative asset classes. As of June 30, 2023, the private equity portfolio was valued at over $54.23 million, representing 10.7% of the total portfolio. This is an increase compared to June 30, 2021, when the private equity portfolio was valued at $38.84 million. The private equity portfolio is currently overweight compared to the target allocation of 6%. Investments in private equity include buyout, mezzanine, private debt, fund of funds, diversified private equity, private equity growth expansion, and venture capital strategies. The portfolio is open to any first-time fund investments. The plan's investments are governed by the board of trustees, with Mr. Michael Smith serving as Chief Financial Officer & Trustee. NEPC serves as the LP consultant.

Preferred Investment Types

BuyoutCredit Special SituationsDebt - GeneralDirect LendingDistressed DebtPrivate EquityFund of FundsGrowth/ExpansionHedge FundMezzanineReal Assets & Natural Resources - GeneralReal Estate - GeneralReal Estate Value AddedVenture CapitalVenture Capital - Early StageVenture Capital - Later Stage

Preferred Geographies

CanadaUnited States
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FAQ

Frequently asked questions

What type of investor is New Castle County, Delaware Employees' Pension Program?

New Castle County, Delaware Employees' Pension Program is a public pension fund based in New Castle, United States, managing approximately $500M in assets.

Where is New Castle County, Delaware Employees' Pension Program headquartered?

New Castle County, Delaware Employees' Pension Program is headquartered in New Castle, United States.

How much does New Castle County, Delaware Employees' Pension Program manage?

New Castle County, Delaware Employees' Pension Program manages approximately $500M in assets under management.

What does New Castle County, Delaware Employees' Pension Program invest in?

New Castle County, Delaware Employees' Pension Program focuses on Buyout, Credit Special Situations, Debt - General, Direct Lending, Distressed Debt, Private Equity, Fund of Funds, Growth/Expansion.

How can I contact New Castle County, Delaware Employees' Pension Program?

Verified contact details, key decision-makers, and investment preferences for New Castle County, Delaware Employees' Pension Program are available on LPbacked. Create a free account to access them.