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Anne Arundel County sets $20 million for Siguler Guff distressed debt fund

Anne Arundel County Retirement & Pension System, Annapolis, Md., committed $20 million to Siguler Guff Distressed Opportunities Fund V, a distressed debt fund of funds, said recently released board meeting minutes.

The $1.8 billion pension fund previously made a commitment to Siguler Guff & Co.’s Distressed Opportunities Fund IV in 2011.

Investment consultant NEPC assisted.

Anne Budowski, assistant personnel officer, did not return a phone call seeking further information by press time.