Institution: Baltimore City Fire and Police Employees’ Retirement System
Headquarters: Baltimore, United States
Allocation to alternatives: 25.60%
Baltimore City Fire and Police Employees’ Retirement System has boosted its private equity target allocation from 10.0 to 11.0 percent for calendar year 2020, according to the pension’s January 2020 board meeting minutes.
The $2.89 billion US public pension currently allocates 8.50 percent of its portfolio to private equity investments.
As illustrated below, Baltimore Fire and Police has made seven commitments to private equity funds with a 2018 or 2019 vintage, which combined constitute $95 million.
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