Asset Allocation
Maryland State Pension Fund Returns 3.14% in Fiscal 2023
Strong gains from public equity investments raise the portfolio’s asset value to $65.2 billion.
Strong gains from public equity investments raise the portfolio’s asset value to $65.2 billion.
Despite the loss, the pension fund beat its benchmark by 53 basis points.
Unreported carried interest accounted for as much as 35% of state pension’s total fees in 2018.