Institution: Baltimore City Fire and Police Employees’ Retirement System
Headquarters: Baltimore, US
AUM: $3.54 billion
Allocation to alternatives: 19.1%
Baltimore City Fire and Police Employees’ Retirement System has committed $50 million to three private equity funds, according to a December 2021 investment report document.
The institution committed $20 million to DC Capital Partners Fund III, $20 million to Greenspring Opportunities VII and $10 million to Fairview Private Markets Fund VI. The funds are managed by DC Capital Partners, Stepstone Group and Fairview Capital Partners, respectively.
The $3.54 billion institution currently invests 10.5 percent to private equity with a target of 11 percent. The System’s recent fund commitments range between $10 million to $20 million.
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