Institution: Baltimore City Fire and Police Employees’ Retirement System
Headquarters: Baltimore, United States
Allocation to alternatives: 26.20%
Baltimore City Fire and Police Employees’ Retirement System (BCFPERS) has agreed to commit $15 million to Lexington Capital Partners Fund IX, a contact at the pension informed Private Equity International.
The $2.76 billion US public pension has a 10.0 percent target allocation to private equity that currently stands at 7.80 percent.
As illustrated in the charts below, BCFPERS has committed to five private equity funds with a 2018 vintage which combined constitute $65 million.
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