Anne Arundel County Retirement and Pension System, Annapolis, Md., committed $50 million to Apogem Co-Investment VII.
The $2.1 billion pension fund’s board approved the commitment to the private equity co-investment fund managed by Apogem Capital at its Feb. 20 meeting, recently released meeting minutes show.
The pension fund previously committed $20 million to Apogem Private Equity Fund X in 2022.
Investment consultant NEPC assisted.
