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Baltimore Fire and Police approves $16m commitment

The US public pension has backed a secondaries fund.

City of Baltimore Fire & Police Retirement System has approved a $16 million commitment to Greenspring Secondaries Fund III.

The $2 billion US public pension has a 5 percent target allocation to private equity that currently stands at 6.95 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.