Whitehorse Liquidity Partners receives commitment from Maryland

The US public pension has backed a vehicle managed by private equity secondaries specialist Whitehorse Liquidity Partners.

Institution: Maryland State Retirement and Pension System
Headquarters: Baltimore, US
AUM: $62.55 billion
Allocation to alternatives: 25.8%

Maryland State Retirement and Pension System approved a $100 million commitment to Whitehorse Liquidity Partners Loch Raven Fund at its February 2021 investment committee meeting, a contact at the pension informed Secondaries Investor.

The $62.55 billion US public pension previously committed $200 million to Whitehorse Liquidity Fund IV in September 2020.

As illustrated below, Maryland’s recent secondaries fund commitments have tended to focus on North America-focused or global private equity secondaries vehicles.

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