Institution: Baltimore City Fire and Police Employees’ Retirement System
Headquarters: Baltimore, US
AUM: $2.65 billion
Allocation to alternatives: 26.9%
Baltimore City Fire and Police Employees’ Retirement System has approved $40 million worth of private debt commitments, a contact at the pension informed Private Debt Investor.
The $2.65 billion US public pension has a 4 percent target allocation to private debt that currently stands at 1.7 percent.
As illustrated below, Baltimore Fire and Police’s private debt commitments tend to focus on vehicles acquiring debt across various regions.
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