Maryland Terrapin Fund

FAQs

Who Manages the Fund?

The Terrapin Fund (the “Fund”) is managed by the Barings Diversified Alternative Equity (“DAE”) team which is a part of Barings LLC.

Barings LLC serves as an institutional investor allocating capital across all major investment strategies and geographies within private markets-including Buyouts, Growth Equity, Infrastructure, the Energy Transition, and Natural Resources. Over its 30+ year track record, the Barings DAE team has established custom outcome-oriented solutions through differentiated portfolio construction, access to constrained markets, and adaptability to changing markets and client priorities.

What Type of Companies Are Eligible for Investment?

The program seeks to identify and support private funds and private market infrastructure projects that are based in Maryland, have investment operations in Maryland, or have a current bona fide plan to operate in Maryland.

What Areas of Focus Is the Fund Interested In?

  • Digital Infrastructure
  • Energy & Power
  • Transportation
  • Circular Economy

If I Have a Business Plan That I’d Like Considered for the Program, Should I Contact Barings or Maryland State Retirement and Pension?

Contact Barings at MarylandOpportunities@barings.com for questions or comments, or submit a plan now.