Institution: Baltimore City Fire and Police Employees’ Retirement System
Headquarters: Baltimore, United States
Allocation to alternatives: 25.90%
Baltimore City Fire and Police Employees’ Retirement System has agreed to commit $15 million each to Brookfield Capital Partners V and Greenspring Opportunities Fund VI, a contact at the pension informed Private Equity International.
The $2.75 billion US public pension has a 10.0 percent target allocation to private equity that currently stands at 8.0 percent.
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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