Pension Fund

Updated:

Calvert County (Md.) Sheriff's Department Pension Plan

The Calvert County (Md.) Sheriff's Department Pension Plan is guided by the Calvert Principles for Responsible Investment. It focuses on Responsible Investing,...

Calvert County (Md.) Sheriff's Department Pension Plan

The Calvert County (Md.) Sheriff's Department Pension Plan is guided by the Calvert Principles for Responsible Investment. It focuses on Responsible Investing, ESG factors, and Proprietary responsible indexes.

General information

Firm type

Pension Fund

Location

Region

North America

Country

United States

City

Prince Frederick

Corporate office

Prince Frederick, MD, United States

Principals

Bruce Miller

Chair of the Board of Trustees and Director of Finance and Budget for Calvert County

Melanie Woodson

Board Trustee and Director of Human Resources for Calvert County

Joshua Underwood

Board Trustee and Deputy Sheriff representative

Sector focus

Real EstatePrivate CreditSecondaries & Special Situations

Frequently asked questions

Who makes investment decisions for the Calvert County Sheriff's Department Pension Plan?

Investment decisions are made by a board of trustees chaired by Bruce Miller, who is also Calvert County's Director of Finance and Budget. Melanie Woodson (Director of Human Resources) and Joshua Underwood (Deputy Sheriff representative) serve as trustees (per public record).

What is the fund's investment strategy?

The plan allocates primarily to secondaries and private credit, with real estate exposure through the TA Realty Core Property Fund. It also holds U.S. Treasury Bills and a money market fund for liquidity (per public record). The fund does not disclose allocations to venture capital or direct equity.

Is the plan open to external co-investments?

No. As a small county-level defined-benefit pension, the plan appears to invest solely through commingled fund vehicles such as the TA Realty Core Property Fund. There is no public record of direct co-investments or separately managed accounts.

How is the plan governed?

The plan is a public defined-benefit pension sponsored by the Calvert County Government. The board of trustees includes county officials (finance and HR directors) and a plan participant representative. It operates under Maryland state law for municipal pension systems.

What is the plan's total asset size?

The fund does not publicly disclose a current AUM figure. Altss estimates approximately $144M in assets based on available public records, placing it in the $100M–$200M range.

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