The New Castle County, Delaware Employees Pension Program is a public pension fund with a portfolio of $507.52 million as of June 30, 2023. Holdings include private equity, real estate, hedge funds, real assets, natural resources, publicly-traded equities, fixed-income securities, cash and other alternative asset classes. On June 30, 2023, private equity was worth over $54.23 million, or 10.7% of the total portfolio, up from $38.84 million on June 30, 2021. That allocation sits above the 6% target. Private equity strategies include buyout, mezzanine, private debt, fund of funds, diversified private equity, private equity growth expansion and venture capital. The program accepts first-time fund investments. The board of trustees governs the plan's investments, with Mr. Michael Smith as Chief Financial Officer & Trustee. NEPC is the LP consultant.
| Investor | Type | Based in | Focus | AUM | Contacts |
|---|---|---|---|---|---|
| RJ Family Office | Multi family office | Singapore | Real estate | $3.7T | 1 |
| Norges Bank Investment Management | Sovereign Wealth Fund | Oslo, Norway | Core | $1.8T | 1 |
| Morgan Stanley Investment Management | Fund of Funds | New York | Debt & credit · Core · Co-investment | $1.6T | 1 |
| SEI Investments | Fund of Funds | Oaks | Multifamily · Industrial | $1.5T | 4 |
| Blackstone Group - Fund of Funds and Secondary | Fund of Funds | New York | Multifamily · Industrial · Core | $1.1T | 16 |
| National Pension Service | Public Pension Fund | Jeonju-si, South Korea | Core · Co-investment | $800B | 1 |
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